Suppose that BJP imposes a tariff on imported autos to protect Indian auto industry from foreign competition. Assuming that India is a price taker in the world auto market , shown on a diagram : change in quantity of imports, loss of Indian consumers, gain to indian manufacturers, government revenue, dead weight loss associated with tariff.

Suppose that BJP imposes a tariff on imported autos to protect Indian
auto industry from foreign competition. Assuming that India is a price
taker in the world auto market , shown on a diagram : change in
quantity of imports, loss of Indian consumers, gain to indian
manufacturers, government revenue, dead weight loss associated with
tariff.