An article in the Wall Street Journal notes, "After the Trump administration announced new tariffs on imported washing machines in January, Marc Bitzer, the chief executive of Whirlpool Corp., celebrated his win over South Korean competitors LG Electronics Inc. and Samsung Electronics Co." Source: Andrew Tangel and Josh Zumbrun, "Whirlpool Wanted Washer Tariffs. It Wasn't Ready for a Trade Showdown," Wall Street Journal, July 16, 2018. Part 2 a. Why was a tariff on imported washing machines a win for Whirlpool? A. It was able to sell more washing machines since U.S. consumers could no longer purchase imported washing machines. B. It raised the price of washing machines by the amount of the tariff, thus increasing Whirlpool's producer surplus. Your answer is correct.C. The loss in consumer surplus created by the tariff reduced the amount of deadweight loss to the U.S. economy. D. It lowered the price of washing machines by the amount of the tariff, increasing Whirlpool's sales and thus its profits. Part 3 will lose as a result of the tariff