You are a lobbyist hired by a less developed country to try to prevent a developed country from increasing trade barriers against labor-intensive developing country manufactured imports such as textiles.

1.) Make your case, arguing from both developed and developing countries perspectives, in terms of who gains and who loses. (Note: the developing country is labour abundant, and the developed country is capital abundant).

Question 2)

Use the appropriate graphs to show and discuss in detail, the equivalence between tariffs and quotas.