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Use the Following to Answer Question

Question 248

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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Computers) Use Figure: The Market for Computers.Assume that P<sub>A</sub> is the autarky price and P<sub>W</sub> is the world price.Consumer surplus with international trade is area: A) W + X + Y. B) W. C) Y. D) W + X.
-(Figure: The Market for Computers) Use Figure: The Market for Computers.Assume that PA is the autarky price and PW is the world price.Consumer surplus with international trade is area:


A) W + X + Y.
B) W.
C) Y.
D) W + X.

Correct Answer:

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