1. LARGE COUNTRY CASE AND OPTIMAL TARIFFTHE ASSUMPTION HERE IS THAT THE IMPORTING COUNTRIES POLICIES CAN IMPACT WORLD PRICES

2. A POLICY THAT REDUCES A COUNTRY’S IMPORTS WOULD LOWER WORLD PRICE

3. NO TARIFF PRICE PRICE S ES PW ED D IMPORT IMPORT QUANTITY QUANTITY

4. PRICE PRICE S ES PW TARIFF D ED IMPORT IMPORT QUANTITY QUANTITY

5. PRICE PRICE S ES A B P1 C D E F G PW TARIFF H PW1 J I D ED IMPORT IMPORT QUANTITY QUANTITY

6. PRICE PRICE INCREASE IN PRODUCER SURPLUS S A B P1 C D E F G PW TARIFF H PW1 J I D IMPORT IMPORT QUANTITY QUANTITY

7. PRICE PRICE CONSUMER LOSS S A B P1 C D E F G PW TARIFF H PW1 J I D IMPORT IMPORT QUANTITY QUANTITY

8. PRICE PRICE GOVERNMENT REVENUE S A B P1 C D E F PW TARIFF G H PW1 J I D IMPORT IMPORT QUANTITY QUANTITY

9. PRICE PRICE S LOSS TO EXPORTERS ES A C PI B F PW E TARIFF D PW’ G H D ED IMPORT IMPORT QT QUANTITY QUANTITY

10. FIXED INTERNAL PRICES BY IMPORTERSA VARIABLE LEVY

11. THE AMOUNT OF THE TARIFF CHANGES AS THE WORLD PRICE CHANGESL = PT- PW

12. PRICE PRICE S PT TARIFF PW D ED QUANTITY QUANTITY

13. PRICE PRICE S WORLD PRICE FALLS - TARIFF SIMPLY INCREASES PT TARIFF PW PW D PERFECTLY INELASTIC QUANTITY QUANTITY