(Solved): effects of a tariff on internation trade The following graph shows the domestic supply of and demand ...

The following graph shows the domestic supply of and demand for malze in Bangladesh. Bangladesh is open to international trade of maize without any restrictions. The world price (Pw) of maize is \( \$ 265 \) per ton and is represented by the horizontal black line. Throughout this problem, assume that the amount demanded by any one country does not affect the worid price of maize and that there are no transportation or transaction costs associated with international trade in malze. 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 groph and any corresponding amounts in each grey field will change accordingly. Graph Input Tool If Bangladesh is open to international trade of maize without any restrictions, it will import tons of maize. (Note: Be sure to enter 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 maize to help domestic producers. A tariff of per ton will achieve this. A tariff set at this level would raise in revense for the Bangladeshi government.