1. LARGE COUNTRY CASE AND OPTIMAL TARIFF THE 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. PRICE QUANTITY PWPW IMPORT NO TARIFF S D ES ED

4. PRICE QUANTITY PWPW IMPORT TARIFF S D ES ED

5. PRICE QUANTITY PWPW IMPORT TARIFF A D B E C H FG I J P W1 P1P1 S D ES ED

6. PRICE QUANTITY PWPW IMPORT TARIFF A D B E C H FG I J P W1 P1P1 INCREASE IN PRODUCER SURPLUS S D

7. PRICE QUANTITY PWPW IMPORT TARIFF A D B E C H FG I J P W1 P1P1 S D CONSUMER LOSS

8. PRICE QUANTITY PWPW IMPORT TARIFF A D B E C H F G I J P W1 P1P1 S D GOVERNMENT REVENUE

9. PRICE QUANTITY PWPW IMPORT TARIFF S D ES ED PIPI P W’ A H F C E B D G QTQT LOSS TO EXPORTERS

10. FIXED INTERNAL PRICES BY IMPORTERS A VARIABLE LEVY

11. THE AMOUNT OF THE TARIFF CHANGES AS THE WORLD PRICE CHANGES L = P T - P W

12. S ED PTPT PWPW TARIFF D PRICE QUANTITY

13. S PTPT PWPW TARIFF D PRICE QUANTITY PWPW WORLD PRICE FALLS - TARIFF SIMPLY INCREASES PERFECTLY INELASTIC