Exhibit 19-4 -In Exhibit 19-4, with a Tariff of $0.50 Per Unit

question 155

Multiple Choice

Exhibit 19-4

-In Exhibit 19-4, with a tariff of $0.50 per unit and a world price of $1.00,

• A)25 units will be exported
• B)25 units will be imported
• C)50 units will be exported
• D)50 units will be imported
• E)10 units will be exported

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