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Pft Qft nprlsTrade B Indicate below which producers and consumers are benefited by free trade (ex Importing country producers). C. Indicate below which producers and

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Pft Qft nprlsTrade B Indicate below which producers and consumers are benefited by free trade (ex Importing country producers). C. Indicate below which producers and consumers are disadvantaged by free trade (ex Importing country producers) D. Assume that the quantity of trade Qft is 5 million bushels. What would be the impact of the importing country initiating an import quota of 4 milion bushels? Draw in the quota on the graph above and relative to free trade, describe the impact on - Importing country price Importing country producers Importing country consumers Exporting country price Exporting country producers Exporting country consumers

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