1. Does an import quota lead to more or less deadweight loss compared to a tariff when there is a monopoly in the importing country? Why? 2. What is the definition of dumping? 3. Consider a monopoly firm in an exporting country. What is the difference between the monopoly's local demand and the monopoly's export demand? 4. Consider a monopoly firm in an exporting country. How does the monopoly find its profit-maximizing quantity and price in its local market and export market? Is there dumping and why