One reason why consumers are unlikely to be too upset about tarif O tariffs are an inexpensive way to create jobs. most consumers benefit from protection. O the costs are so spread out that no one pays a big share of the total. O consumer losses are not real losses.
One reason why consumers are unlikely to be too upset about tarif O tariffs are an inexpensive way to create jobs. most consumers benefit from protection. O the costs are so spread out that no one pays a big share of the total. O consumer losses are not real losses.
Chapter18: International Trade And Comparative Advantage
Section: Chapter Questions
Problem 6DQ
Related questions
Question
![One reason why consumers are unlikely to be too upset about tariffs
O tariffs are an inexpensive way to create jobs.
O most consumers benefit from protection.
O the costs are so spread out that no one pays a big share of the total.
O consumer losses are not real losses.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4b6d9a7-df56-40b3-9533-a1a315a1c47a%2Fb3f985a8-3e1e-48ba-a6b3-28975d87824d%2Fawc6jdh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:One reason why consumers are unlikely to be too upset about tariffs
O tariffs are an inexpensive way to create jobs.
O most consumers benefit from protection.
O the costs are so spread out that no one pays a big share of the total.
O consumer losses are not real losses.
![Suppose the domestic supply (QS) and demand (OD) for skateboards in the United
States are given by the following set of equations
QS - -60 + 3P
QD - 390 - 2P
Calculate the change in producer surplus when the United States engages in free trade
and imports skateboarus
THe rest of the world at a per unit price of S$75.
$3,375.
+$2,812.50.
-$2,812.50.
+$3,375.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4b6d9a7-df56-40b3-9533-a1a315a1c47a%2Fb3f985a8-3e1e-48ba-a6b3-28975d87824d%2Fxa35uvt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose the domestic supply (QS) and demand (OD) for skateboards in the United
States are given by the following set of equations
QS - -60 + 3P
QD - 390 - 2P
Calculate the change in producer surplus when the United States engages in free trade
and imports skateboarus
THe rest of the world at a per unit price of S$75.
$3,375.
+$2,812.50.
-$2,812.50.
+$3,375.
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