Chapter 7 Discussion homework 1) (3.5 points) Research the U. S. garlic import from China Fact Check: US Loses Millions in Duties on Garlic Imports but Market Impact is Unclear hitps:/www usatoday.com/storyews/factcheck /2020/08/08/fact-check-china-not-putting-american-garlic-growers-out-business/3289936001/ [ read the above article and answer questions a) why Chinese garlic plays a pressure on California garlic industry? b) what is the impact of custom duty on the import of garlic from China? and 3) Explain in detail the anti-dumping and countervailing duty related to Chinese garlic import. 2) (2 points) Rising Garlic Prices in India will Inhibit Exports: hitps:/timesofindia.indiatimes.comcity findore/rising-garlic-prices-likely-to-hit-exports/articleshow/68880267.cms [ Explain the export competition of garlic between India and China, the twa largest garlic exporting countries. 3)(4.5 points) Research on Werld Garlic Production by Countries, Garlic Tariff by Countries, major U.S. importers of garlic, major U.S. growers by States and other useful statistics to help the class understand the garlic world trade. Choose three countries to report your results. ) (2 points) Read the economic theories behind the forward falling supply curve, slides 19, 23, 27. What is the consequence of established advantage for the imported garlic in the U.S. market? How does the established advantage affect California's garlic industry? What are potential ways to fix the problem? 5) (3 points) Comment on two other students' post. Since garlic production is one important agribusiness secter in California, please make sure to research before you comment on ether people's results. Please be censtructive and leave helpful feedback