Starting with DX and SX and PX $1 with free trade in Figure 9 1, analyze the partial equilibrium effects of an import quota of 30X if DX shifts down to D sup3 X in such a way that D sup3 X is parallel to DX and crosses SX at PX $2 50 Figure 9 1 Pxls) H' D'x Dx 10 20 25 30 450 55 60 65 70

Question: Starting with DX and SX and PX = $1 with free trade in Figure 9.1, analyze the partial equilibrium effects of an import quota of

Starting with DX and SX and PX = $1 with free trade in Figure 9.1, analyze the partial equilibrium effects of an import quota of 30X if DX shifts down to D€³X in such a way that D€³X is parallel to DX and crosses SX at PX = $2.50.
Figure 9.1

Pxls) H' D'x Dx 10 20 25 30 450 55 60 65 70

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