Turkey Is an Importer of Wheat

question 35

Multiple Choice

Turkey is an importer of wheat.The world price of a bushel of wheat is $7.Turkey imposes a $3-per-bushel tariff on wheat.Turkey is a price-taker in the wheat market.As a result of the tariff,

• A)Turkish consumers of wheat become worse off and Turkish producers of wheat become worse off.
• B)Turkish consumers of wheat become worse off and Turkish producers of wheat become better off.
• C)Turkish consumers of wheat become better off and Turkish producers of wheat become worse off.
• D)Turkish consumers of wheat become better off and Turkish producers of wheat become better off.

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Definitions:

Ziggurat

In ancient Mesopotamian architecture, a tiered platform for a temple.

Persepolis

An ancient ceremonial capital of the Persian Empire, located in modern-day Iran, known for its vast array of monumental buildings.

Elamites

An ancient civilization located in what is now southwestern Iran, known for their contributions to art, architecture, and governance systems.

Tigris River

One of the two major rivers in Southwest Asia, flowing through Turkey and Iraq, and known for its historical significance in ancient Mesopotamian civilizations.