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The following graph shows the domestic supply of and demand for wheat in Bolivia. The world price (Pw ) of wheat is $245 per bushel 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 wheat and that there are no transportation or transaction costs associated with international trade in wheat. Also, assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. 485 Domestic Demand Domestic Supply 455 425 395 365 335 PRICE (Dollars per bushel) 305 275 PW 245 215 185 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Bushels of wheat)365 -- 335 -- 305 - 275 -- PRICE (Dollars per bl 245 215 T I I l 185 0 50 100 150 200 250 300 350 QUANTITY (Bushels of wheat) If Bolivia is open to international trade in wheat without any restrictions, it will import :] bushels of wheat. Suppose the Bolivian government wants to reduce imports to exactly 200 bushels of wheat to help domestic producers. A tariff of bushel will achieve this. P +_W I I I 400 450 500 A tariff set at this level would raise $ in revenue for the Bolivian government. per