The graph below shows the effects of restricting trade. Match the right with the left side correctly: PNo Trade P Trade D 3 1 Demand 2 C Consumer surplus with NO TRADE DWL with NO TRADE Producer surplus with NO TRADE Consumer surplus WITH TRADE Qs Producer surplus WITH TRADE 45 A Q Qd [Choose ] [Choose] [Choose] [Choose ] [Choose ] Domestic supply < Domestic supply + imports
The graph below shows the effects of restricting trade. Match the right with the left side correctly: PNo Trade P Trade D 3 1 Demand 2 C Consumer surplus with NO TRADE DWL with NO TRADE Producer surplus with NO TRADE Consumer surplus WITH TRADE Qs Producer surplus WITH TRADE 45 A Q Qd [Choose ] [Choose] [Choose] [Choose ] [Choose ] Domestic supply < Domestic supply + imports
Chapter2: Economics: Eight Powerful Ideas
Section: Chapter Questions
Problem 15P
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Question
![The graph below shows the effects of restricting trade. Match the right with the left side correctly:
PNo Trade
Pr
Trade
3
1
Demand
2 C
Consumer surplus with NO TRADE
DWL with NO TRADE
Producer surplus with NO TRADE
Consumer surplus WITH TRADE
Qs
Producer surplus WITH TRADE
E
4 5 A
Q Qd
[Choose ]
[Choose ]
[Choose ]
[Choose]
[Choose ]
Domestic
supply
<
Domestic
supply +
imports](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F23f08848-a69f-47e2-b469-b3a8644a2119%2Fab2a259b-de07-45f8-bec2-5e4e942db25c%2Frdp1drg_processed.png&w=3840&q=75)
Transcribed Image Text:The graph below shows the effects of restricting trade. Match the right with the left side correctly:
PNo Trade
Pr
Trade
3
1
Demand
2 C
Consumer surplus with NO TRADE
DWL with NO TRADE
Producer surplus with NO TRADE
Consumer surplus WITH TRADE
Qs
Producer surplus WITH TRADE
E
4 5 A
Q Qd
[Choose ]
[Choose ]
[Choose ]
[Choose]
[Choose ]
Domestic
supply
<
Domestic
supply +
imports
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