Economics Homework Help

I need help with a Finance question. All explanations and answers will be used to help me learn.

Hi Fanar, thanks for the mail. I have a couple of suggestions in regards to
the addition of the two figures. First and as regarding 

Figure 1, 

You mention that “there was an expected future price increase because other ships carrying vital imports were blocked” and you say in parentheses (see Figure 1). 

My comment here is to include a brief explanation regarding how figure 1 indicates that the expected future price increase owes to other ships carrying vital imports being blocked. 

Figure 2, 

I have a similar comment. You mention in your writing that 

“the reduction of import duties on prawns, haddock, and shrimps will lower cost of fish processing in the UK and create job opportunities in Northern Lincolnshire, East Yorkshire, and Scotland”. 

The graph is titled “Quantity of Cod meat imported by the UK in 2019” and we are told to note Iceland and Norway positions. 

My comment here is similar to that of Figure 1. 

Please provide a brief explanation regarding how Figure 2 indicates that the “reduction in import duties on prawns, haddock, and shrimps will lower cost of fish processing in the UK and create job opportunities in Northern Lincolnshire, East Yorkshire, and Scotland”. I hope this helps, Thanks Fanar.