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In this tutorial, the focus is on understanding the free-trade diagram as the basis for drawing protectionist diagrams such as tariffs, subsidies, and quotas. It is emphasized that a strong grasp of the free trade diagram is essential before implementing protectionist measures. The tutorial explains the elements of the diagram, including the demand curve for domestic wheat. It is suggested that familiarity with this diagram is crucial for comprehending and creating protectionist policies effectively.
