Q Question 1 0.5 / 0.5 pts Figure 9-1 The figure illustrates the market for wool in Scotland. Refer to Figure 9-1. With trade, Scotland will Question 2 0.5 / 0.5 pts Figure 9-16. The figure below illustrates a tariff. On the graph, Q represents quantity and P represents price. Refer to Figure 9-16. Government revenue raised by the tariff is represented by the area Question 3 0.5 / 0.5 pts Figure 9-1 The figure illustrates the market for wool in Scotland. Refer to Figure 9-1. In the absence of trade, the equilibrium price of wool in Scotland is Question 4 0.5 / 0.5 pts Figure 9-6 Refer to Figure 9-6. The imposition of a tariff on carnations Question 5 0.5 / 0.5 pts Assume, for Singapore, that the domestic price of soybeans without international trade is higher than the world price of soybeans. This suggests that, in the production of soybeans,