international trade exam.there are some small question? Can you do all

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Part III. Essays. Answer 2 (two) for 20 each. (40 points total) A. Consider the following table: With Without $1000 Tariff $1000 Tariff World Price of a motorcycle Tariff per unit $2,000 $2,500 $1,000 SO Price of a motorcycle in the US $3,000 $2,500 Motorcycles bought in US per year 50,000 60,000 (21/trog Motorcycles made in the US per year 25,000 20,000 Motorcycles imported into the US per year 25,000 40,000 You may assume that demand and supply curves are linear and that transportation costs are zero. Using the above information, and the appropriate graphical framework, answer the following questions: 1. Calculate the loss to domestic consumers' surplus from imposition of the tariff. [5 points] 2. Calculate the gain to domestic motorcycle producers from imposition of the tariff. [5 points] sam 3. Calculate the revenue gain to the domestic government from imposition of the tariff. [5 points] 4. Calculate the net welfare effect of the tariff from imposition of the tariff. [5 points]