Figure 9-17 -Refer to Figure 9-17.When the Country Moves from No Trade

Multiple Choice

Figure 9-17
-Refer to Figure 9-17.When the country moves from no trade to free trade,consumer surplus

A) increases by $1,200 and producer surplus increases by $600.
B) increases by $1,200 and producer surplus decreases by $600.
C) decreases by $1,350 and producer surplus increases by $450.
D) decreases by $1,350 and producer surplus decreases by $450.