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Question 75

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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Tea in Sri Lanka) Use Figure: The Market for Tea in Sri Lanka.In autarky,the price is P<sub>1</sub>.When the economy is opened to trade,the price rises to P<sub>W</sub> and consumer surplus _____ to _____. A) falls;F B) falls;F + G C) rises;F + G + H + I D) rises;G + H + I
-(Figure: The Market for Tea in Sri Lanka) Use Figure: The Market for Tea in Sri Lanka.In autarky,the price is P1.When the economy is opened to trade,the price rises to PW and consumer surplus _____ to _____.


A) falls;F
B) falls;F + G
C) rises;F + G + H + I
D) rises;G + H + I

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