Figure 9-4.The domestic country is Nicaragua.
-Refer to Figure 9-4.The change in total surplus in Nicaragua because of trade is

Question

Figure 9-4.The domestic country is Nicaragua. 
-Refer to Figure 9-4.The change in total surplus in Nicaragua because of trade is

Quizplus · Accepted Answer

The change in total surplus due to trade is $625, and it is an increase in total surplus. This is because trade typically allows countries to specialize in production where they have a comparative advantage, leading to an increase in overall economic efficiency and total surplus.

Figure 9-4.The Domestic Country Is Nicaragua