In February 1996, President Bill Clinton signed the Telecom munications Act, which (among many other things) required all TV sets sold in the United States to be equipped with a V-chip, which allows parents to filter out sexual or violent content. The United States is a net importer of TVs. Suppose that the market for TVs can be represented by a partial equilibrium model, much as the model of the market for tuna in the text, with TV exports supplied by Japan. If producing a TV with a V-chip increases the marginal cost of TV production by $10, how does the V-chip law affect producers, consumers, and social welfare in Japan? Explain diagrammatically (use no algebra).