Part 1 Domestic Imports Trade

Produce Partner
and Exports
Robin Cheese Corn Uthania
DVD Player Watches Suntize
Tami Cheese Corn Uthania
Watches DVD Players Suntize
Janelle Cheese Corn Uthania
DVD Player Watches Suntize
Marva Cheese Watches Uthania
DVD Player Corn Alfazia
Robin has correctly identified both the products to which export incentives need to

be given and the products to import from Uthania, Suntize, and Alfazia.

Tami did not identify the products to which export incentives correctly, or the

composition of trade with Suntize correctly, but did identify the composition of trade with

Uthania correctly and not importing from Alfazia correctly (Apollo Group, Inc., 2003, p. 6).

Janelle has correctly identified both the products to which export incentives need to

be given and the products to import from Uthania, Suntize, and Alfazia.

Marva has correctly identified the products to which export incentives need to be

given, but did not determine the correct composition of trade with Uthania, Suntize, or

Alfazia.

Part 2 Level of Level of Imports Domestic

tariff Quota from production
($/unit) (millions in Suntize (million
units) (million units)
units)
Robin 40 2.00 6.00
Tami 6 6.00 4.28
Janelle 40 2.00 6.00
Marva 20 5.50 4.50
Robin has decided to levy an ad valorem anti-dumping tariff and has indicated the

appropriate amount to equate the export price of watches in Rodamia to the market value of

watches.

Tami has decided to impose a quota on watches imported from Suntize, but the

deadweight loss to Rodamia is more in case of the quota, so she should have enacted a

tariff.

Janelle has decided to levy an ad valorem anti-dumping tariff and has indicated the
Concept Summary Results
 References

Apollo Group, Inc.. (2003). Applying International Trade Concepts [Computer Software].

Retrieved from Apollo Group, Inc., Simulation, ECO212 website.