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Draw a new graph that allows you to compare the free-trade situation and the tariff situation. Then answer the rest of the questions using areas

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Draw a new graph that allows you to compare the free-trade situation and the tariff situation. Then answer the rest of the questions using areas on the graph. Pride Supply 13 12.60 11.50 Demand Quanbay 13,000 Free- Trade $13 U.S Supply 4 $11.50 World Supply +$2 tax E S Rest of world Supply T U.S G Demand 400 800 1500 5000 7000 13000 Tariff situation

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