Multiple Choice
Figure 9-2. The domestic country is China.

-Refer to Figure 9-2.Relative to a no-trade situation,which of the following comes with trade?
A) Consumer surplus increases by $1,800 and producer surplus increases by $1,600.
B) Consumer surplus decreases by $1,000 and producer surplus increases by $1,500.
C) Consumer surplus decreases by $1,000 and producer surplus increases by $1,750.
D) Total surplus increases by $400.
Correct Answer:
Verified
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