o82 ECON101 0 Domestic consumers lose, but domestic producers gain. Domestic consumers will lose H + I + J + K because they buy less and at a higher price. Domestic producers gain H because they sell more at a higher price. The government gains from getting the tariff revenue of area J, paid only on the imported books Overall, consumers lose more than what the producers and government gain deadweight loss of the tariff represented by area I + K (lost area I comes from buying from the relatively expensive domestic producers; area K is lost because total consumption falls). Tariff is good for our domestic publishers but bad for our book consumers. QUOTAS An alternative (anti)trade policy is an import quota, which directly changes the quantity of imports.