Suppose that the U.S. government puts an import quota on roses. Show on your graph the consumer surplus that is redistributed to producers and importers and also the deadweight loss created by the import quota.

Use the following information to work Problems 8 to 10.

U.S. steelmakers seek antidumping action Steelmakers want the United States to put restrictions on imports from five nations, alleging unfair pricing of steel for the automobile and construction industries.

Source: Wall Street Journal, June 3, 2015