To Protect American Jobs The Us Government May Decide To Cut Us Imports Of Bulld

To protect American jobs, the US government may decide to cut US imports of bulldozers by 60%.  It could do so by either:

-Imposing a tariff high enough to cut bulldozer imports by 60%

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-Persuading Komatsu and other foreign bulldozer makers to set up a voluntary export restraint arrangement to cut their exports of bulldozers to the US by 60%.

a. Which of these two policies would be less damaging to the United States?  Please explain.

b.  Which of these two policies would be less damaging to the world as a whole?  Please explain.