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Question: the follawing graph shows the domestic supply of and demand...

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The follawing graph shows the domestic supply of and demand for oranges in Bangladesh. The world price (Pw) of oranges is $760 per ton and is represented by the horizontal black line. Throughout the question, assume that the amount demanded by any one country does not affect the world price of oranges and that there are no transportation ocin costs ssociated with international trade in oranges. Also, assume that domestic 1165 Domesic Demand 1120 1075 1030 Domestic Supply + 985 n. 940 u 395 Pw 15 0 300120 0 180 210 240 270 300 QUANTITY (Tons of oranges) Ir Bangladesh is open to international trade in oranges without any restrictions, it will import Suppose the Bangladeshi gavernment wants to reduc imports to exacty 60 tons of oranges to help domestie producers. A tariff of S will achieve this. A tariff set at this level woud raiseS

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