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Figure 9-3. the Domestic Country Is Jamaica

Question 75

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Figure 9-3. The domestic country is Jamaica.
Figure 9-3. The domestic country is Jamaica. -Refer to Figure 9-3.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 9-3.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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