Refer to Figure 4.4. The United States will import 2 million barrels of oil per day if a ________ per barrel tariff is levied on imported oil.

A) $25
B) $50
C) $100
D) $150

Question

Refer to Figure 4.4. The United States will import 2 million barrels of oil per day if a ________ per barrel tariff is levied on imported oil.A)  $25B)  $50C)  $100D)  $150

Koketso Michaela · Accepted Answer

Final Answer : A, Explanation :  A $25 per barrel tariff will result in the United States importing 2 million barrels of oil per day, as indicated by the data in Figure 4.4.

Refer to Figure 4.4. The United States will import 2 million barrels of oil per day if a ________ per barrel tariff is levied on imported oil.

A) $25
B) $50
C) $100
D) $150

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