Suppose Bangladesh is open to free trade in the world market for oranges. Because of Bangladesh's small sizeI the demand for and supply:r of oranges in Bangladesh do not affect the world price. The following graph shows the domestic oranges market in Bangladesh. 111e world price of oranges is PW = $800 per ton. On the following graph, use the green triangle ( triangle symhois) to shade the area representing consumer surpius (CS) when the economy is at the freetrade equilibrium. Then, use the purple mangle (diamond symhois) to shade the area representing producer surplus (PS). 1230 Domestic De man 0 Domestic 80 ppli.r 1220 CS 1150 1100 1040 P3 980 920 PRICE (Dollars per ton) 830 800 0 25 50 75 100 125 150 175 200 225 250 QUANTITY (Tons of oranges] If Bangladesh allows international trade in the market for oranges, it will import E tons of oranges. Now suppose the Bangladeshi government decides to impose a tariff of $120 on each imported ton of oranges. After the tariff, the price Bangladeshi consumers pay:r for a ton of oranges is , and Bangladesh will import E tons of oranges. Use the black line (plus symbol) to indicate the world price plus the tariff. Then, use the green points (triangle symbols) to show the consumer surplus with the tariff and the purple triangle (diamond symbols) to show the producer surplus with the tariff. Lastly, use the orange quadrilateral (square symbols) to shade the area representing government revenue received from the tariff and the tan points (rectangle symbols) to shade the areas representing deadweight loss (DWL) caused by the tariff. ? 1280 Domestic Demand Domestic Supply + 1220 World Price Plus Tariff 1160 1100 CS 1040 PRICE (Dollars per ton) 980 920 PS 860 Pw 800 Government Revenue 740 680 0 25 50 75 100 125 150 175 200 225 250 DWL QUANTITY (Tons of oranges) Complete the following table to summarize your results from the previous two graphs. Under Free Trade Under a Tariff (Dollars) (Dollars) Consumer Surplus Producer Surplus1220 World Price Plus Tariff 1160 1100 1040 CS PRICE (Dollars per ton) 980 920 PS 860 PW 800 Government Revenue 740 680 0 25 50 75 100 125 150 175 200 225 250 DWL QUANTITY (Tons of oranges) Complete the following table to summarize your results from the previous two graphs. Under Free Trade Under a Tariff (Dollars) (Dollars) Consumer Surplus Producer Surplus Government Revenue Based on your analysis, as a result of the tariff, Bangladesh's consumer surplus by $ , producer surplus by $ , and the government collects $ in revenue. Therefore, the net welfare effect is a of Grade It Now Save & Continue Continue without saving