Table 31.3.1 Canada's Market for Widgets

question 41

Multiple Choice

Table 31.3.1
Canada's Market for Widgets

-Table 31.3.1 shows the Canadian supply of and demand for widgets. Widgets are available on the world market for $7. If the Canadian government imposes a tariff of $1, how many widgets will Canada import?

• A)32 million
• B)24 million
• C)16 million
• D)28 million
• E)40 million

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Definitions:

Impeachment Issue

The process and controversies surrounding the charging of a public official, such as the President, with wrongdoing and the potential for removing them from office.

Unconstitutional Acts

Acts or laws that are found to violate a constitution, especially the U.S. Constitution, and are therefore invalid.

Congress

The national legislative body of a country, particularly referring in the United States to the bicameral legislature that constitutes the Senate and the House of Representatives.

Land Reform

The process of redistributing or regulating land ownership, often intended to increase agricultural production or to rectify inequities in land distribution.