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Question 10 • 38012de2 CONNECTED Summer T1 2026 Financial Math - S2

Suppose that Ireland has placed a tariff of 12% on its exports and a tariff of 21% on its imports. If Ireland has tariff revenue worth (equivalent US dollars) $9,148,200 and a balance of trade of $7,100,000, what are its exports and imports worth?a.$950,416 in imports, $8,050,416 in exportsb.$3,145,984 in imports, $10,245,984 in exportsc.$1,921,122 in imports, $9,021,122 in exportsd.$25,140,000 in imports, $32,240,000 in exports

Answer
A
A
B
B
C
C
D
D
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