14 A semiconductor is a key component in your laptop, mobile phone and iPod. The table provides information about the market for semiconductors in the EU.

Producers of semiconductors get €18 a unit on the world market.
a With no international trade, what would be the price of a semiconductor and how many semiconductors a year would be bought and sold in the EU?
b Does the EU have a comparative advantage in producing semiconductors?

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Price Quantity demanded Quantity supplied (euros per unit) (billions of units per year) 10 25 12 20 0 20 14 15 40 16 10 60 18 5 80 20 0 100