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Use this link to answer the question . https://docs.google.com/document/d/1rD1gqj41HDfnVIUIi0aw6VZvMeigfgUE6QeqklGVJ9s/edit?usp=sharing 1.Identify who gains and who loses if the United States imposed quotas that reduce textile imports.

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1.Identify who gains and who loses if the United States imposed quotas that reduce textile imports. Explain.

2.How would the Trump administration tariffs on goods from China create winners and losers among U.S. companies? Explain. How would U.S. consumers be affected? If China retaliates with tariffs on goods produced in the U. S. (such as, pork), explain how this will impact U. S. firms producing these goods, and the price of goods to U. S. consumers. Explain.

3. What is price discrimination (third degree)? Are merit scholarships a form of price discrimination? Alternatively, can students be viewed as consumers and contributors (i.e., producers) of university education? In their role as producers, should students whose productivities are expected to be greater be paid greater wages through merit scholarships?

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