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Part 2Refer again to Graph 3. Suppose this country levies an import quota equal to 300 tons. The resulting dead weight loss from this quota

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Part 2Refer again to Graph 3. Suppose this country levies an import quota equal to 300 tons. The resulting "dead weight loss" from this quota policy in this country is:A. gB. b+d+f+hC. d+f+hD. d+h

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Graph 3 Price Supply a g Pw+t b h PW C Demand 100 200 500 700 Quantity Refer to Graph 3 above depicting a particular country's steel market (output measured in tons). Pw is the world price for steel. Suppose this country levies a import tariff equal to t. The resulting dead weight loss" from this tariff policy in this country is: O b+d+fth O 8 O dth Odtfth

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