Consider the graph below that depicts what happens when imposing a tariff (t) on the imports of wheat for an economy. Pw is the price of wheat that prevails in the world market. Domestic Price demand Domesk supply P P. Quantity Which of the following statements is INCORRECT after imposing the tariff? O A. The price of wheat in the importing country will be Pa O B. Domestic producers will face more competition because of the higher priced wheat resulting from the combined effects of imports and the tariff. O C. Total consumer surplus drops by (atb+c+d). O D. The total imports will be reduced from (Q4-Q1) to (Q3-Q2). N re to search 71 OF X P