18. A large country applies a $4 tariff to imports of a good. X* + 4 is a new export supply curve. Explain how the tariff affects the price paid by consumers in the importing country (i.e., Home) and the price received by producers in the exporting country (i.e., Foreign). ing bltowards asoul won vmoroos ofT , M el ovius bram Home market 30 World market P S P * +4 12 - 10 P* D M 7 Q Herna erbs at sons 5 9 16 20 co sgisl aids ni ov M2 ML noges as Boob wall. boop trogumwent at dithioto awiggs nitwas spxo! soung Sorrow prusswar Jono 19. Answer the quantity M2. Hint: M2 is the amount of imports for Home under trade with tariff