CALCULATIONS OF THE QUOTA RENT
US price - 20 c/lb
World price - 11 c/lb
Average freight & insurance etc - 4 c/lb
Average Quota rent = 5 c/lb = $100/short ton
TRQ = 1.48 million short tons
Quota Rent = $148 million (much lower than before due to higher world price, lower U.S. price) - round to $150 million
| File Type | application/msword |
| File Title | CALCULATIONS OF THE QUOTA RENT |
| Author | janisw |
| Last Modified By | Thompsont |
| File Modified | 2007-01-31 |
| File Created | 2007-01-31 |