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vellojo vellojo
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7 years ago
In 2006, European Union tariff on imported bananas from Latin America was €176 a ton.  Suppose 2.5 million tons of bananas were imported in 2006 but then the tariff decreased to €152 a ton in 2007 and as a result, 3 million tons were imported in 2007.  What is the change in tariff revenue between 2006 and 2007?
A) €1,000,000
B) €440,000,000
C) - €1,000,000
D) €445,000,000
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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