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    Principles of Economics Study Set 2
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    Exam 9: Application: International Trade
  5. Question
    Graph 9-3 -In Graph 9-3, Area E Represents
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Graph 9-3 -In Graph 9-3, Area E Represents

Question 26

Question 26

Multiple Choice

Graph 9-3
Graph 9-3    -In Graph 9-3, area E represents: A)  a part of consumer surplus B)  a part of producer surplus C)  a surplus for import licence holders D)  government revenue
-In Graph 9-3, area E represents:


A) a part of consumer surplus
B) a part of producer surplus
C) a surplus for import licence holders
D) government revenue

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