3
QuizMultiple Choice

World Economics

Question 3 • T1 - 4 RMA-TX-Financial Math-B

Say that Romania puts a tariff of 6% on its exports and 21% on its imports. If Romania has a trade deficit of (equivalent US dollars) $26.76 billion and gained tariff revenue of $18.9603 billion, how much are Romania’s imports worth?a.$62.56 billionb.$64.29 billionc.$76.17 billiond.$97.04 billion

Answer
A
A
B
B
C
C
D
D
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