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Say that romania puts a tariff of 6 on its exports and 21

Say that Romania puts a tariff of 6% on its exports and 21% on its imports. If Romania has a trade deficit of (equivalent US dollars) $26.76 billion and gained tariff revenue of $18.9603 billion, how much are Romania's imports worth?

a. $62.56 billion

b. $64.29 billion

c. $76.17 billion

d. $97.04 billion

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Finance Basics: Say that romania puts a tariff of 6 on its exports and 21

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Finance Basics: Say that romania puts a tariff of 6 on its exports and 21

Reference No:- TGS01423368

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