Multiple Choice
Refer to the figure below to answer the following questions. 
Figure 7.2.1
The figure shows the market for shirts in Canada,where D is the domestic demand curve and S is the domestic supply curve.The world price is $20 per shirt.
-In Figure 7.2.1,if the economy moves from no trade to international trade,producer surplus in Canada ________ by ________.
A) increases;$320 million
B) decreases;$192 million
C) increases;$192 million
D) decreases;$320 million
E) decreases;$256 million
Correct Answer:
Verified
Correct Answer:
Verified
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