After you have studied Reading Between the Lines on pp. 168–169, answer the following questions.

a. What events put U.S. tire producers under pressure and caused some to go out of business?

b. Explain how a tariff on tire imports changes domestic production, consumption, and imports of tires.

c. Illustrate your answer to part

(b) with an appropriate graphical analysis.

d. Explain how a tariff on tire imports changes consumer surplus and producer surplus.

e. Explain the four sources of loss of consumer surplus that result from a tariff on tire imports.

f. Illustrate your answer to part

(e) with an appropriate graphical analysis.