Figure 9-17
-Refer to Figure 9-17.Relative to the free-trade outcome,the imposition of the tariff
A)decreases imports of the good by 16 units and increases domestic production of the good by 8 units.
B)decreases imports of the good by 16 units and increases domestic production of the good by 16 units.
C)decreases imports of the good by 24 units and increases domestic production of the good by 8 units.
D)decreases imports of the good by 24 units and increases domestic production of the good by 24 units.

Question

Figure 9-17 
-Refer to Figure 9-17.Relative to the free-trade outcome,the imposition of the tariff
A)decreases imports of the good by 16 units and increases domestic production of the good by 8 units. 
B)decreases imports of the good by 16 units and increases domestic production of the good by 16 units. 
C)decreases imports of the good by 24 units and increases domestic production of the good by 8 units. 
D)decreases imports of the good by 24 units and increases domestic production of the good by 24 units.

Quizplus · Accepted Answer

The Answer of Figure 9-17 
-Refer to Figure 9-17.Relative to the free-trade outcome,the imposition of the tariff
A)decreases imports of the good by 16 units and increases domestic production of the good by 8 units. 
B)decreases imports of the good by 16 units and increases domestic production of the good by 16 units. 
C)decreases imports of the good by 24 units and increases domestic production of the good by 8 units. 
D)decreases imports of the good by 24 units and increases domestic production of the good by 24 units.

Figure 9-17 -Refer to Figure 9-17.Relative to the Free-Trade Outcome,the Imposition of Outcome,the