The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good.
If this economy were to open to trade, domestic producers would:
A) transfer the surplus in areas D + E to consumers.
B) transfer the surplus in areas D + E to foreign producers.
C) lose the surplus in areas F + G to deadweight loss.
D) lose the surplus in area F + G to foreign producers.
Correct Answer:
Verified
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