This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.According to the graph shown, the change to government revenue brought about by the introduction of a tariff to an economy once operating under free trade is:

A. an increase of area JK.
B. an increase of area FGJK.
C. a decrease of area IL.
D. an increase of area IJKL.


Answer: A

Economics

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