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4. Effects of a tariff on international trade The following graph shows the domestic supply of and ...
4. Effects of a tariff on international trade The following graph shows the domestic supply of and demand for oranges in Bangladesh. Bangladesh is open to international trade of oranges costs associated with international trade in oranges. Also, assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Graph Input Tool the full value for your answer, accounting for the horizontal axis units.) Suppose the Bangladeshi government wants to reduce imports to exactly 200,000 tons of oranges to help domestic producers. A tariff of per ton will achieve this. A tariff set at this level would raise