-Refer to Exhibit 34-2

Multiple Choice

-Refer to Exhibit 34-2.The U.S.demand and supply for a good are shown.Under a policy of free trade,the world price is P_W.At this price,what quantity of this good do U.S.consumers buy from U.S.producers and what quantity do they import from foreign producers?

A) Q₁ from U.S.producers and (Q₃ - Q₁) from foreign producers
B) Q₂ from U.S.producers and (Q₃ - Q₁) from foreign producers
C) (Q₃ - Q₁) from U.S.producers and Q₁ from foreign producers
D) Q₃ from U.S.producers and nothing from foreign producers