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O Login Page I R... CQ Member Dashb... Olivia v My Home Courses Catalog and Study Tools Rental Options College Success Tips Career Success Tips Help Give Feedback Course Hero ng.cengage.com The following g... Content Keep the Highest O / 3 Consider the m... Government-i... indTap - Cen... The following g... CENGAGE I MINDTAP Homework (Ch 09) Attempts O Q Search this course 4. Effects of a tariff on international trade The following graph shows the domestic supply of and demand for oranges in New Zealand. The world price (PW) of oranges is $750 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 or transaction costs associated with international trade in oranges. Also, assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. A-Z 1245 1190 1135 1080 b 1025 970 915 o 860 805 750 695 o Domestic Demand Domestic Supply 10 20 80 90 w 100 30 40 50 60 70 QUANTITY (Tons of oranges)