Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

The diagram illustrates the impact on the quantity of an import in the domestic market when a tariff is removed and the import price falls to P1. By how much will the quantity of imports rise?

  • A8000 tonnes
  • B10 000 tonnes
  • C23 000 tonnes
  • D33 000 tonnes

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