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7/28/2020 Aplia: Student Question 620 Domestic Demand Domestic Supply 590 Consumer Surplus 560 530 500 Producer Surplus PW 470 PRICE (Dollars per ton) 140 410

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7/28/2020 Aplia: Student Question 620 Domestic Demand Domestic Supply 590 Consumer Surplus 560 530 500 Producer Surplus PW 470 PRICE (Dollars per ton) 140 410 380 350 320 0 25 50 75 100 125 150 175 200 225 250 QUANTITY (Tons of tangerines) When Sudan allows free trade of tangerines, the price of a ton of tangerines in Sudan will be $500. At this price, tons of tangerines will be demanded in Sudan, and tons will be supplied by domestic suppliers. Therefore, Sudan will export tons of tangerines. Using the information from the previous tasks, complete the following table to analyze the welfare effect of allowing free trade. Without Free Trade With Free Trade (Dollars) (Dollars) Consumer Surplus Producer Surplus

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