Multiple Choice
Refer to the figure below to answer the following questions. 
Figure 7.2.2
The figure shows the market for helicopters in Canada,where D is the domestic demand curve and S is the domestic supply curve.The world price is $36 million per helicopter.
-In Figure 7.2.2,if the economy moves from no trade to international trade,producer surplus in Canada ________ by ________.
A) decreases;$2.88 billion
B) decreases;$1.92 billion
C) increases;$4.8 billion
D) increases;$3.6 billion
E) decreases;$4.8 billion
Correct Answer:
Verified
Correct Answer:
Verified
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