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I need help with those four questions. I should read the article first before answering. WASHINGTON (Reuters) - The Trump administration on Tuesday said it

I need help with those four questions. I should read the article first before answering.

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WASHINGTON (Reuters) - The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to $12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict. The move meant to cushion the blow for a politically important constituency was met with broad criticism by many farmers and farm-belt lawmakers, including Republicans. Rural and agricultural states supported Trump by wide margins in the 2016 election. Trump's trade policies have become central in several rural-state U.S. Senate races ahead of congressional elections in November. The president, speaking at an event in Kansas City on Tuesday, reaffirmed his support for tariffs and quotas, and pledged that "farmers will be the biggest beneficiary."Define the following Terms from The newspaper extract above. concerning US Trade protectionism: i. Subsidies [2 marks] ii. Quotas [2 marks] The US has imposed quotas on The quantity of Chinese steel it will import. Sketch a diagram and use it to explain The effects of US quotas on Chinese steel on US producers. consumers and workers. [4 marks] Assume That the US does not produce enough soybeans to influence The wortd price of soybeans. The US has begun to subsidise its soybean producers. Using an appropriate diagram. exglain The effects of US soybean subsidies on US producers and consumers of soybeans. [4 marks] Using information in the text and your knowledge of economics. evaluate the use of tariffs as a form of trade protection used by the US government to protect US soybean producers. [8 marks]

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