Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

The diagram illustrates domestic and world demand and supply for a good. The government places a tariff on imports of the good. What happens to the quantity imported?

  • AIt will fall from Q1Q3 to Q2Q3.
  • BIt will fall from Q1Q5 to Q2Q4.
  • CIt will fall from Q2Q5 to Q3Q4.
  • DIt will fall from OQ5 to OQ4.

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