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Figure 9-4.The Domestic Country Is Nicaragua

Question 78

Multiple Choice

Figure 9-4.The domestic country is Nicaragua. Figure 9-4.The domestic country is Nicaragua.   -Refer to Figure 9-4.Which of the following statements is accurate? A) Consumer surplus with trade is $3,200. B) Producer surplus with trade is $375. C) The gains from trade amount to $800. D) The gains from trade are represented on the graph by the area bounded by the points (0,$12) , (300,$12) , (300,$7) and (0,$7) .
-Refer to Figure 9-4.Which of the following statements is accurate?


A) Consumer surplus with trade is $3,200.
B) Producer surplus with trade is $375.
C) The gains from trade amount to $800.
D) The gains from trade are represented on the graph by the area bounded by the points (0,$12) , (300,$12) , (300,$7) and (0,$7) .

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