I will like the answer of this exercise.

2. Suppose that the United States currently imports baseball bats without tariff, with the results shown in the first column of numbers below. Congress is thinking of imposing a tariff of $35 per bat and has asked you to estimate the gains and losses to different groups. You find that the $35 tariff would yield the prices and quantities shown in the right-hand column. In the following questions, explain your answers, and give numerical results if possible. Free-trade situation Situation with $35 (no tariff) tariff on bats U.S. domestic price of bats $80 $100 Tariff $0 $35 World price of bats $80 $65 1 I 5 International Economics Exercise Two U.S. production of bats per year 150,000 220,000 US. imports of bats per year 200,000 100,000 US. consumption of bats per year 360,000 320,000 (1) What is the gain or loss to US. bat buyers from the tariff