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The market for USB flash drives in Country (3 is perfectly competitive and is in equilibrium. Domestic demand is given by Q = 300 4P

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The market for USB flash drives in Country (3 is perfectly competitive and is in equilibrium. Domestic demand is given by Q\" = 300 4P and domestic supply is given by 03 = 2P. The world price for esh drives is $20. Country C wishes to 'protect' its domestic flash memory industry. Cine policy option is to impose a tariff on all USB ash drives imported into country C from countryA (the only ether country that produces flash drives). The newly-elected government of country C wishes to avoid tariffs, as it was elected partially on a 'free-trade' (no tariff) platform. Country 0 agrees to forego any tariff on flash drives it country A sellers 'voluntarily' restrict sales of flash drives into country 0. Country A agrees to sell no more than 120 flash drives to country C buyErs. The introduction of the quota NEH] causes a change in Consumers\" Surplus (CS). What is the dollar value of this change? Question 8 options: r. ' 1] Consumers' Surplus increases by $2000 l\". 2] Consumers' Surplus decreases by $1000 c 3 . 1 Consumers' Surplus increases by $1000 r\" ' 4} Consumers' Surplus decreases by $2000 l\". 5] Consumers' Surplus decreases by $1200

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