Graph 9-6
This graph refers to the market for oil in Spain.
-According to Graph 9-6, consumer surplus in Spain after trade would be:

Question

Graph 9-6
This graph refers to the market for oil in Spain. 
-According to Graph 9-6, consumer surplus in Spain after trade would be:

Quizplus · Accepted Answer

Consumer surplus is the area above the price level and below the demand curve. After trade, if Spain becomes an importer, the consumer surplus would include areas A, B, and D, assuming these areas represent the gains from trade by accessing lower-priced goods.

Graph 9-6 This Graph Refers to the Market for Oil in Spain