Please answer all parts of the questions.(A & B) Thank you. A. Suppose American car manufacturers can produce model Falcon cars for $25000, which can also be imported from Japan at $25,000. US manufacturers need to import $15000 worth of materials from the rest of the world to produce the cars. 1. What are the domestic value-added, the nominal and the effective rates of protection? 2.Suppose the US puts a 15% tariff on imported Falcon cars from Japan. What is the effective rate of protection? 3.Suppose in addition to the 15% tariff mentioned in (2), USA also puts a 10% tariff

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