Scenario 9-2 • for a Small Country Called Boxland,the Equation of the of the Domestic

Multiple Choice

Scenario 9-2
• For a small country called Boxland,the equation of the domestic demand curve for
cardboard is ,
where represents the domestic quantity of cardboard demanded,in tons,and represents the price of a ton of cardboard.
• For Boxland,the equation of the domestic supply curve for cardboard is ,
where represents the domestic quantity of cardboard supplied,in tons,and again
represents the price of a ton of cardboard.
-Refer to Scenario 9-2.Suppose the world price of cardboard is $60.Then,relative to the no-trade situation,international trade in cardboard

A) benefits Boxlandian consumers by $750 and harms Boxlandian producers by $660.
B) harms Boxlandian consumers by $736 and harms Boxlandian producers by $598.
C) harms Boxlandian consumers by $704 and benefits Boxlandian producers by $864.
D) harms Boxlandian consumers by $804 and benefits Boxlandian producers by $984.