Look back to the small open economy example from Lecture Notes 11 (file Lecture11 TariffsQuotas 1.pdf on Canvas and the graph below). Suppose that the country in the example decided to reduce its tariff from t to t (i.e. t < t). (a) Redraw the graph above for the Home and import markets and illustrate this tariff change. What happens to the quantity of goods produced at Home and their price? What happens to the quantity of imports? (3 points)