Use the following to answer questions :
Figure: The Market for Oranges in South Africa 
-(Figure: The Market for Oranges in South Africa) Look at the figure The Market for Oranges in South Africa. In autarky, the price of oranges in South Africa is P1. When the economy is opened to trade, the price falls to PW and producer surplus will _____ to area _____.
A) fall; N + Q
B) fall; Q
C) rise; M + N + O + P
D) rise; M + N + O + P + Q
Correct Answer:
Verified
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