Let us consider the case of Venezuela. A tariff is imposed on imported clothes in Venezuela. In the presence of free trade, the quantity of clothes produced locally in Venezuela was 14932 per year. After the imposition of tariff, the quantity of clothes produced locally in Venezuela increased by two- fifth (2/5) or 40% compared to the estimate of the previous sentence when there was free trade. The quantity of clothes bought locally in Venezuela is 24204 per year after tariff. The quantity of clothes bought locally in Venezuela decreased by 35% in the presence of tariffs compared to what it was during free trade. a) What was the quantity bought locally per year when there was free trade? Please give your answers in two decimal places 32675.4 32675.4 b) What is the quantity of clothes imported in Venezuela in a month on average after the imposition of the aforementioned tariff? Please give your answers in two decimal places 3299.2 3299.2 c) What is the percentage change in the quantity of clothes imported in Venezuela per year after the imposition of the aforementioned tariff compared to free trade? Please give your answers in absolute value without percentage sign and in two decimal places. If your answer is -56.3452% write 56.35

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