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There are many countries in the world. The world price of a good is Pw . Country A imports the good from all other countries.

There are many countries in the world. The world price of a good is Pw . Country A imports the good from all other countries.

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. There are many countries in the world. The world price of a good is PW. Country A imports the good from all other countries. (a) Show the Import demand of country A along with the Export Supply of the Rest of the World (all other countries). (b) If country B and county 0' are two of the many countries that export the good to A, show the Import Demand of country A, M D A along with the Export Supply functions of B and C, X S B and X So when A imports more from C than from B. (c) If country A imposes a specic tariff, t on the imports of the good show how this will impact overall imports by A (incorporate the tariff into your gure from (a)) and also the impact on both B and C (incorporate the tariff into your gure from (5))- Suppose that country A imposes the specic tariff on imports of the good from country 0 but not from B. Show the impact on imports from the two countries

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