013345678 Quantity Quanto Quantity Current Assig TODAY The left and right hand figures given above show respectively, the Home and Foreign markets for outs. The center figure shows the world as market containing Home's import demand (MD) and Foreigis export supply (S) 1) In the absence of both transportation costs and artificial trade bars, Home wil w 22 D. produce 3 million tons and import 2 milion tons, with both priced at $24 2) Now suppose that Home's government buckles under political pressure from domesticos producers and imposes an Sperlontari on imported outs. The for the Home market is O A imports of 2 million tons and domestic production of 4 million tons, win both priced at $2 perton the elimination of imports and the restoration of 532 as the pnce per ton of cats