A tax on imported goods is called a(n)

Refer to the scenario above. The country's net exports during that year were ________

A) $77.8 billion B) $92.4 billion C) -$2.2 billion D) -$1.2 billion

The firm illustrated above is

A) earning an economic profit of $400,000 per month. B) earning an economic profit of $2,000,000 per month. C) earning an economic profit of $1,600,000 per month. D) incurring an economic loss of $400,000 per month. E) incurring an economic loss of $1,600,000 per month.