Free Trade and Trade Protection (id: 1aa10941c)

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

[单选题]

What is the net welfare loss after the quota is implemented?

A. 0
B. f+g
C. h+i
D. f+g+h+i


参考答案:  C


本题详细解析:

C

$\underset{‾}{\text{Explanation}}$:
After implementing the quota, the consumer surplus decreases by $b+d+e+g+h+i$. Area $b$ is taken by domestic producers. Area $d+e+g$ is taken by importing (foreign) producers. This leaves $h+i$ as the deadweight loss.

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