Mathematics, 28.01.2020 16:04, kenziesanders01

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

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Suppose that lebanon has placed tariffs on its imports and exports. the import tariff is 13%, and th...