Read the question carefully & provide correct answer.
Posted: Mon May 02, 2022 8:20 am
Read the question carefully & provide correct
answer.
A tariff is imposed on imported clothes in Poland. In the presence of free trade, the quantity of clothes produced locally in Poland was 15532 per year. After the imposition of tariff, the quantity of clothes produced locally in Poland increased by 40% compared to the estimate of the previous sentence when there was free trade. The quantity of clothes bought locally in Poland was 34470 per year before tariff. The quantity of clothes bought locally in Poland decreased by 33% in the presence of tariffs compared to what it was during free trade. 1) What was the quantity bought locally per year when there was free trade? 2) What was the quantity sold locally per year after tariff ? 3) What is the quantity of clothes imported in Poland in a month on average after the imposition of the aforementioned tariff? 4) What is the percentage change in the quantity of clothes imported in Poland per year after the imposition of the aforementioned tariff compared to free trade?
answer.
A tariff is imposed on imported clothes in Poland. In the presence of free trade, the quantity of clothes produced locally in Poland was 15532 per year. After the imposition of tariff, the quantity of clothes produced locally in Poland increased by 40% compared to the estimate of the previous sentence when there was free trade. The quantity of clothes bought locally in Poland was 34470 per year before tariff. The quantity of clothes bought locally in Poland decreased by 33% in the presence of tariffs compared to what it was during free trade. 1) What was the quantity bought locally per year when there was free trade? 2) What was the quantity sold locally per year after tariff ? 3) What is the quantity of clothes imported in Poland in a month on average after the imposition of the aforementioned tariff? 4) What is the percentage change in the quantity of clothes imported in Poland per year after the imposition of the aforementioned tariff compared to free trade?