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1000 1040 900 PRICE (Dollars per fon) 140 80 540 790 740 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Tons

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1000 1040 900 PRICE (Dollars per fon) 140 80 540 790 740 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Tons of oranges) tons of oranges If Guatemala is open to international trade in oranges without any restrictions, it will import per ton Suppose the Guatemalan government wants to reduce imports to exactly 200 tons of oranges to help domestic producers. A tariff of S will achieve this. A tariff set at this level would raises in revenue for the Guatemalan government

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