Consider Figure 4.1. With free trade, Mexico's producer surplus and consumer surplus respectively equal $ 14 8 6 3 2 0 10 O $5 and $605. O $25 and $380. 40 60 80 SMexico Price world+Tarriff 110 Price world OMexico Pocket Calculators

Consider Figure 4.1. With free trade, Mexico's producer surplus and consumer surplus respectively equal $5 and $605. $25 and $380