Basic Tariff analysis Properties of the import demand curve It intersects the vertical axis at the closed economy price of the importing country. It is downward sloping. It is flatter than the domestic demand curve in he importing country. Copyright C 2003 Pearson Education, Inc Slide 8-11Copyright © 2003 Pearson Education, Inc. Slide 8-11 ▪ Properties of the import demand curve: • It intersects the vertical axis at the closed economy price of the importing country. • It is downward sloping. • It is flatter than the domestic demand curve in the importing country. Basic Tariff Analysis