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The gure belowr depicts the domestic market for a particular good. The curve labeled 5 represents domestic supply. The curve labeled D represents domestic demand.

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The gure belowr depicts the domestic market for a particular good. The curve labeled 5 represents domestic supply. The curve labeled D represents domestic demand. The line labeled PW is the world price of the good. Remember: Do not use commas L} in I\"Four answers. Assume that international trade HAS been established. Further, assume now that the home country has imposed a $10 tariff on imports of the good. The new value of consumer surplus is $ The new value of producer surplus is $ The government revenue from the tariff is $ Assume that international trade HAS been established. Further, assume now that instead of a tariff, the home country has imposed a 20 unit quota on imports of the good. Also assume that the exporting firms have organized into a monopoly. The total welfare loss (i.e. the deadweight AND revenue losses) to the domestic country from the quota isUse the graph to answer the following questions: Assume that intemational trade HAS NOT been established. The equilibrium price is $l 5\" l. 50 The equilibrium quantity is units. The value of consumer surplus is 31': l 125\" l . The value of producer surplus is $l 1250 l. Assume that international trade HAS been established. The quantity of domestic consumption is 70 units. The quantity of domestic production is 30 units. The quantity of imports is 40 units. The value of consumer surplus is $ 450 The value of producer surplus is $ 450

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