Refer to the figure below to answer the following questions.

Figure 7.2.2
The figure shows the market for helicopters in Canada, where D is the domestic demand curve and S is the domestic supply curve. Canada trades helicopters with the rest of the world at a price of $36 million per helicopter.
-In Figure 7.2.2, international trade ________ producer surplus in Canada by ________.
A)decreases; $2.88 billion
B)decreases; $1.92 billion
C)increases; $4.8 billion
D)increases; $3.6 billion
E)decreases; $4.8 billion

Question

Refer to the figure below to answer the following questions.
  
Figure 7.2.2
The figure shows the market for helicopters in Canada, where D is the domestic demand curve and S is the domestic supply curve. Canada trades helicopters with the rest of the world at a price of $36 million per helicopter.
-In Figure 7.2.2, international trade ________ producer surplus in Canada by ________.
A)decreases; $2.88 billion 
B)decreases; $1.92 billion 
C)increases; $4.8 billion 
D)increases; $3.6 billion 
E)decreases; $4.8 billion

Quizplus · Accepted Answer

The Answer of Refer to the figure below to answer the following questions.
  
Figure 7.2.2
The figure shows the market for helicopters in Canada, where D is the domestic demand curve and S is the domestic supply curve. Canada trades helicopters with the rest of the world at a price of $36 million per helicopter.
-In Figure 7.2.2, international trade ________ producer surplus in Canada by ________.
A)decreases; $2.88 billion 
B)decreases; $1.92 billion 
C)increases; $4.8 billion 
D)increases; $3.6 billion 
E)decreases; $4.8 billion

Refer to the Figure Below to Answer the Following Questions