6. In response to Iraq's invasion of Kuwait in 1990, the United States and its allies imposed trade and financial sanctions on Iraq. Imports of Iraqi oil were terminated as were exports of machinery, parts, and the like, to Iraq. Bank loans to Iraq and business investment in Iraq were also curtailed. Illustrate the effects of the economic sanctions on Iraq's production possibilities curve for textiles and oil. Under what conditions would the sanc- tions have been most likely to cause Iraq to withdraw from Kuwait