Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imp

Refer to Figure 9.9. Now suppose an import quota of 3000 trucks is imposed.

If the government wanted to cut off all international trade without changing the quota, it could allow the quota amount of 3000 trucks in at no tariff and then charge a tariff on all imports above the quota amount. What tariff would accomplish the goal? A) $0.
B) $5,000
C) $7,500
D) $10,000
E) $20,000

ANSWER

B