Free Trade and Trade Protection (id: 3355eafeb)

本题目来源于试卷: Free Trade and Trade Protection，类别为 IB经济学

[单选题]

Calculate the correct values of domestic revenue which are consistent with the above diagram.

	Closed economy	With tariff	Free trade
A.	£10 000	£10 000	£0
B.	£0	£10 000	£10 000
C.	£5 000	£14 000	£30 000
D.	£30 000	£14 000	£5 000

A.
B.
C.
D.


参考答案:  D


本题详细解析:

D

$\underset{‾}{\text{Explanation}}$:

When there is a closed economy, domestic producers get $\mathrm{\pounds }$30 000 in revenue (equal to the red, green and blue area), with a tariff they get $\mathrm{\pounds }$14 000 (the red and green area) and with free trade they make $\mathrm{\pounds }$5 000 (just the red area).

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