QUESTION A.5 A country imposing a tariff can benet in terms of social welfare if A. The termsoftrade benet exceeds the sum of production and consumption distortion loss. B. The tariff revenue exceeds the sum of production and consumption distortion loss. C. The consumer surplus loss is less than the producer surplus gain. D. The termsof-trade benet exceeds the consumer surplus loss. (1 mark) Explain your answer in up to 200 words and using a diagram (4 marks)