Suppose the nation of Isoland is an importer of textiles and is looking for a way to raise government revenue. The following graph shows the effect of a tariff on textile imports. Supply P +T E Demand G S,1 Qs2 D,2 D,1 Quantity of Textiles Having rejected a tariff on textiles (a tax on imports), the president of Isoland is now considering the same-sized tax on textile consumption (including both imported and domestically produced textiles). Under a textile consumption tax, the quantity of textiles consumed in Isoland will be the quantity consumed under a tariff, and the quantity produced in Isoland will be the quantity produced under a tariff. Price of Textiles

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