Japanese Rice Field Art - Weebly
43) Figure 9.4 shows the market for rice in Japan. S2 represents the domestic supply curve, and S1 represents the world supply curve. Suppose a free market exists. If a $1 per unit tariff is imposed on imported rice, the quantity of imported rice will decrease by . A) 10 units. B) 20 units. C) 30 units. D) 40 units. Answer: B . Diff: 2 ................
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