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2) a] Quinoa is a highly nutritious, if noxious tasting, grain that was staple of the diet of low income people in the Andes. In

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2) a] Quinoa is a highly nutritious, if noxious tasting, grain that was staple of the diet of low income people in the Andes. In the 20005 the grain, which had not been exported and for which Pem, Bolivia and Ecuador had a comparative advantage, became popular around the world. Provide a graph of the Peruvian quinoa market prior to worldwide popularity and the impact of the world 's growing appetite for quinoa. In particular, label the consumer and producer surplus (before and after the change), domestic price and world price. What is the impact on domestic consumers of quinoa? b) It was alleged that the increased international demand for quinoa priced Peruvian consumers out of the market completely and they were forced to turn to less protein rich alternatives (Le. no quinoa was consumed in Peru). Draw a graph of the quinoa market consistent with this situation. c) Several NGOs (nongovernmental organizations) have proposed policy measures to assist Peruvian consumers who have been impacted by quinoa sales outside of Peru. One proposal is an export quota and another is a subsidy to Peruvian producers of quinoa. Provide a graph of each and explain which would have the greatest impact on Peruvian consumers

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