< Back to Assignment Attempts: Keep the Highest: / 6 1. Welfare effects of free trade in an exporting country Consider the Sudanese market for tangerines. The following graph shows the domestic demand and domestic supply curves for tangerines in Sudan. Suppose Sudan's government currently does not allow international trade in tangerines. Use the black point (plus symbol) to indicate the equilibrium price of a ton of tangerines and the equilibrium quantity of tangerines in Sudan in the absence of international trade. Then, use the green triangle (triangle symbol) to shade the area representing consumer surplus in equilibrium. Finally, use the purple triangle (diamond symbol) to shade the area representing producer surplus in equilibrium. PRICE (Dollars per ton) 620 Domestic Demand Domestic Supply 590 560 530 500 470 440 410 380 350 320 + 0 25 50 75 100 125 150 175 200 225 250 QUANTITY (Tons of tangerines) Equilibrium without Trade Consumer Surplus Producer Surplus Based on the previous graph, total surplus in the absence of international trade is $