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hey everybody I hope youre doing well today well lets take a look at the free-trade diagram and this is the basis of drawing a protectionist diagram and I this can be a really quick video because what really what you need to have in your mind is you need to understand what the free trade diagram looks like before you slap on a tariff a protective subsidy or a quota okay so make sure you understand this diagram first and what it means because if you dont the protective tariffs the protective subsidy and the quota diagrams will be very difficult for you because theyre built off of this particular diagram so here we go all right take a look at this here now if youre new to the free trade diagram then what you then you just really need to pay attention ok so this is a a a this is the the market for wheat okay and so what you have here of course is you have your demand curve right this is your domestic demand curve so this is what people in your particular country are gonna demand for
