Linder argues that trade is based on international similarities in preferences rather than international differences in costs of production

Consider a market in which there is an import tariff. Which of the following is TRUE?

A) The lost consumer surplus equals the gain in producer surplus plus the government revenue plus the deadweight loss. B) The lost consumer surplus equals the gain in producer surplus. C) The lost consumer surplus equals the gain in producer surplus plus the government revenue. D) The lost consumer surplus plus the deadweight loss equal the gain in producer surplus plus the government revenue.

If planned aggregate expenditure is below potential GDP and planned aggregate expenditure equals GDP, then

What will be an ideal response?