Use the Following to Answer Questions

question 140

Multiple Choice

Use the following to answer questions:
Figure: Costs of Tariffs
-(Figure: Costs of Tariffs) Refer to the figure. From left to right, the first triangle, rectangle, and second triangle in the diagram for analyzing a tariff represent:

• A) unexploited gains from trade due to decreased domestic consumption, wasted resources from increased domestic production, and tariff revenues, respectively.
• B) tariff revenues, wasted resources from increased domestic production, and unexploited gains from trade due to decreased domestic consumption, respectively.
• C) wasted resources from increased domestic production, unexploited gains from trade due to decreased domestic consumption, and tariff revenues, respectively.
• D) wasted resources from increased domestic production, tariff revenues, and unexploited gains from trade due to decreased domestic consumption, respectively.

---

Definitions:

Adhesive Material

Substances used to bind objects together, typically by surface attachment.

Laceration

A cut or tear in the skin or flesh, often caused by an accident with a sharp object, which can vary in depth and severity.

Sutureless

Referring to medical procedures or wound closures done without the use of stitches.

Electrocautery

A surgical technique that uses electric current to heat tissue in order to control bleeding or cut through tissue.