Problem Set 9: The Instruments of Trade Policy

Overview

1. Maintain organization and formatting:
   For each problem in every set, follow this structure:
   • Keep the original question text exactly as it is.
   • Write your answer directly below the corresponding question.
   • Do not remove or alter the questions in any way.

Example formatting:

• Question 1: [Original question here]
• Answer 1: [Your answer here]
• Question 2: [Original question here]
• Answer 2: [Your answer here]

Length of each answer

• Keep your answers short and precise — no more than 5 sentences per question.
• For calculation-based questions, be sure to show all steps clearly (don’t write down “steps” just show all calculations)
• Draw the graphs and label them if need to illustrate

1. Preserve the file structure:
   Keep each problem set in its original file and return them in the same format (Word documents)
2. Please do illustrate graphs as well