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Comparing the optimal tariff on alloy steel flat-rolled products to the actual tariffs: Group of answer choices the 2002-03 tariff is higher than the optimal

Comparing the optimal tariff on alloy steel flat-rolled products to the actual tariffs:

Group of answer choices

the 2002-03 tariff is higher than the optimal tariff, but the 2018-19 tariff is lower than the optimal tariff.

the 2002-03 tariff is lower than the optimal tariff, but the 2018-19 tariff is higher than the optimal tariff.

the optimal tariff is lower than both the 2002-03 tariff and the 2018-19 tariff.

the optimal tariff is higher than both the 2002-03 tariff and the 2018-19 tariff.

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