US Imports of Sugar Are Limited by an Import Quota

question 53

Multiple Choice

U.S. imports of sugar are limited by an import quota that, according to a study updated in 2015, imposed a total cost on American consumers close to $________, or an average cost of ________ per year for every U.S. household.

• A) $2 billion; $110
• B) $3 billion; $2,000
• C) $3 .5 billion; $30
• D) $105 million; $3
• E) $370 million; $2,000