Given the following domestic supply and demand information, graph domestic supply and demand and then answer three questions about trade and trade barriers. Domestic Supply and Demand for T-Shirts Price ($) $15 $13 $11 $9 $7 $5 $3 $1 Quantity supplied 8 7 6 5 4 3 2 Quantity demanded 2 4 6 8 10 12 14 16 Graph these market conditions. Instructions: Use the tools provided 'S' and 'D' to plot the domestic supply and demand curves (plot 8 points for eacha. Identify when there is an absence of trade: (i) the market price, (ii) domestic consumption, and (iii) domestic production. i. Market price _ ii. Domestic consumption _ iii. Domestic production _ b. Now suppose that foreigners enter the market, offering to sell an unlimited supply of Tshirts for $7 apiece. Now with free trade, identify (i) the market price, (ii) domestic consumption, and (iii) domestic production. i. Market price ii. Domestic consumption _ iii. Domestic production _ c. If a tariff of $2 per Tshirt is imposed, with this trade barrier, identify (i) the market price, (ii) domestic consumption, and (iii) domestic production. i. Market price _ ii. Domestic consumption _ iii. Domestic production _