Suppose the following diagram shows the domestic supply and demand curve for a good.Assume that the world price is $20 per unit. Q1: What would be the total import quantity? Q2: If the government introduces a $10 tariff on import, then what would be the total import quantity? Q3: How much would the government earn from the import tariff? Q4: How much would the Consumers lose (reduction in the Consumer Surplus)? Q5: How much would the Producers gain (increase in the Producer Surplus)?

50 . .. .. .. 10 5 D Q 10 20 30 40 50 60 70 80 90 O1: What would be the total import quantity