Mathematics, 10.10.2019 03:00 billythe1st
Suppose that lebanon has placed tariffs on its imports and exports. the import tariff is 13%, and the export tariff is 8%. if lebanon has a balance of trade of (equivalent us dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?
a. $30,916,923 in imports, $50,240,000 in exports
b. $17,040,000 in imports, $22,550,000 in exports
c. $6,226,300 in imports, $5,950,800 in exports
d. $4,793,700 in imports, $5,069,200 in exports
select the best answer from the choices provided a b c d
Answers: 3
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Mathematics, 21.06.2019 22:30
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Suppose that lebanon has placed tariffs on its imports and exports. the import tariff is 13%, and th...
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