Question

Price (dollars per shirt) 44 40 36 32 28 24 20 16 I would price 12 0 8 16 24 32 40 48 56 64 Quantity (millions of shirts per year) Figure 7.2.1 The figure shows the market for shirts in Canada, where D is the domestic demand curve and S is the domestic supply curve. The world price is $20 per shirt. 30) In Figure 7.2.1, international trade total surplus in Canada by A) increases; $320 million B) increases; $128 million C) decreases; $256 million D) decreases; $192 million E) decreases; $128 million 11 TL Action that notection muntry to grow into a mature industry so

Answer 1

Page No. Total Price पप 49 Pria x Sweptas S Total Surplus Welld Police २४ go B +2- D x 76 48 Quantity Quantity Without international Trade with international trade So under international trade, total trade, total surplus. increases by A ABC ar (OABC) _* 202 X 148 16 ) X (28 txg X 32 크 total surplus ö International trade increases in Canada by $ 128 million B) increases $128 million h CS Scanned with CamScanner