The figure given below shows the market for computers in the U.S. The domestic price line inclusive of the tariff lies above the international price line. Dd and Sd are the domestic demand and supply curves of computers respectively. Under free-trade the U.S. imported _____ computers, but following the imposition of the tariff the U.S. began to import _____ computers.
A) 100,000; 70,000
B) 70,000; 100,000
C) 200,000; 190,000
D) 90,000; 100,000
Correct Answer:
Verified
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