1. McGraw-Hill/Irwin © 2012 The McGraw-Hill Companies, All Rights Reserved Chapter 8: Analysis of a Tariff

2. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-2 Figure 8.1 The U.S. Market for Bicycles with Free Trade

3. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-3 Exports Plus Imports as a Percentage of GDP Figure 8.2 The Effect of a Tariff on Domestic Producers

4. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-4 Figure 8.3 The Effect of a Tariff on Domestic Consumers

5. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-5 Figure 2.2 The Market for Motorbikes: Demand and Supply Figure 8.4 The Net National Loss from a Tariff in Two Equivalent Diagrams

6. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-6 Illustrative Calculation of an Effective Rate of Production

7. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-7

8. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-8 Figure 8.5 A Large Country Imposes a Small Tariff

9. Copyright  2012 by The McGraw-Hill Companies, Inc. All rights reserved. 8-9 Figure 8.6 The Nationally Optimal Tariff