8. Suppose that the world price of sugar is 20 cents a pound, Brazil does not trade internationally, and the equilibrium price of sugar in Brazil is 10 cents a pound. Brazil then begins to trade internationally. a) How does the price of sugar in Brazil change? Do Brazilians buy more or less sugar? Do Brazilian sugar growers produce more or less sugar? b) Does Brazil export or import sugar and why? 9. The graph below shows the car market in Mexico when Mexico places no restriction on the quantity of cars imported. The world price of a car is $10,000. Price (thousands of dollars per car) 18 14 12 X vas 10 Hero.com 10 12 14 Quantity (millions of cars per year) a) If the government of Mexico introduces a $2,000 tari_ on car imports, what will be the price of a car in Mexico, the quantity of cars produced in Mexico, the quantity imported into Mexico, and the government's tari_revenue? b) If the government of Mexico introduces an import quota of 4 million cars a year, what will be the price of a car in Mexico, the quantity of cars produced in Mexico, and the quantity imported? c) What argument might be used to encourage the government of Mexico to introduce a $2,000 tariff on car imports from the United States? Who will gain and who will lose as a result of Mexico's tariff