Problem
1. Explain the forces at work that lead to the redistribution of income in your answer to Problem 8, in a way analogous to the explanation given in Section 8.4c for the redistribution of income in Nation 2 when that nation imposed an import tariff on commodity X.
Problem 8. Using the Stolper-Samuelson theorem, indicate the effect on the distribution of income between labor and capital in Nation 1 (assumed to be a small nation) when it imposes an import tariff on commodity Y.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.