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Given the Following Diagram Showing Country A's Demand for Imports

Question 5

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Given the following diagram showing country A's demand for imports schedule for good (Dimports) , the supply of exports schedule to A from the rest of the world of good X (SROW) , and the supply of exports schedule to A from the rest of the world of good X when country A has imposed a specific tariff on imports of good X (S'ROW) :
price
Given the following diagram showing country A's demand for imports schedule for good (D<sub>imports</sub>) , the supply of exports schedule to A from the rest of the world of good X (S<sub>ROW</sub>) , and the supply of exports schedule to A from the rest of the world of good X when country A has imposed a specific tariff on imports of good X (S'<sub>ROW</sub>) : price     quantity A)  The total tariff revenue collected by country A is indicated by the rectangle P<sub>0</sub>P<sub>1</sub>E'H. B)  Distance OP<sub>2</sub> indicates the net price received by the foreign suppliers after payment of the tariff. C)  The loss of consumer surplus in country A because of the imposition of the tariff is indicated by rectangle P<sub>2</sub>P<sub>0</sub>HG. D)  Country A is a  small  country.
quantity


A) The total tariff revenue collected by country A is indicated by the rectangle P0P1E'H.
B) Distance OP2 indicates the net price received by the foreign suppliers after payment of the tariff.
C) The loss of consumer surplus in country A because of the imposition of the tariff is
indicated by rectangle P2P0HG.
D) Country A is a "small" country.

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