Exhibit 2 
Refer to Exhibit 2. If trade is not allowed, producer surplus is the
A) Area A + B + C + D
B) Area A + B + C
C) Area B + C + D
D) Area C
E) Area B + C
Correct Answer:
Verified
Q21: Exhibit 2 Q22: Suppose the world price is below the Q23: Which of the following statements about trade Q24: Suppose a country's workers can produce 4 Q25: Table 1 shows the units of Q27: Table 1 shows the units of Q28: Table 1 shows the units of Q29: Suppose a country's workers can produce 4 Q30: If free trade is allowed, a country Q31: Table 1 shows the units of
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