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Determining the romania imports worth

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Reference no: EM131077585

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

Reference no: EM131077585

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