Consider Figure 5.6. In the global market for wine, the EU is willing to supply as much wine as the U.S. demands at $8 per bottle. If the U.S. imposes a quota of 15 bottles of wine, how much wine will U.S. consumers demand, how much wine will U.S. producers produce and how much wine will be imported?
a. 30 bottles, 20 bottles, 10 bottles
b. 40 bottles, 25 bottles, 15 bottles
c. 30 bottles, 30 bottles, 0 bottles
d. 30 bottles, 15 bottles, 15 bottles
d. 30 bottles, 15 bottles, 15 bottles
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