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Figure: The Domestic Market for Digital Cameras
-(Figure: Domestic Market for Digital Cameras) Look at the figure The Domestic Market for Digital Cameras. Assume that P_A is the autarky price and P_W is the world price. Total surplus before international trade is equal to the area:

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Figure: The Domestic Market for Digital Cameras

-(Figure: Domestic Market for Digital Cameras) Look at the figure The Domestic Market for Digital Cameras. Assume that P_A is the autarky price and P_W is the world price. Total surplus before international trade is equal to the area:

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Total surplus before international trade is the sum of consumer surplus and producer surplus, which is represented by the area A + B + C in the figure.

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