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The Figures Below Show Markets for Solar Panels and Textiles

Question 168

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The figures below show markets for solar panels and textiles in Banana Republic. Pwₒᵣld is the world price in each market.
The figures below show markets for solar panels and textiles in Banana Republic. Pwₒᵣld is the world price in each market.    -Refer to the figures above.When Banana Republic opens up to international trade,the domestic sellers in the solar panel market ________. A)  gain the surplus equal to the area B + C B)  gain the surplus equal to the area A C)  lose the surplus equal to the area B + C D)  lose the surplus equal to the area A
-Refer to the figures above.When Banana Republic opens up to international trade,the domestic sellers in the solar panel market ________.


A) gain the surplus equal to the area B + C
B) gain the surplus equal to the area A
C) lose the surplus equal to the area B + C
D) lose the surplus equal to the area A

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