The problem statement provides tariff rates (12 % on exports, 21 % on imports) and two aggregate figures (revenue $9,148,200; trade balance $7,100,000) but omits the essential variables needed to solve for w:
A standard partial-equilibrium model requires:
Two equations, two unknowns (Exports, Imports) — solvable if those are the only unknowns. But without knowing what w represents, the solution cannot be completed.
Please clarify the definition of w and provide any missing behavioral parameters.