Consider trade in steel between two countries, Brazil and Spain. Brazil's price is $400 per ton of steel. Suppose that Spain is a \"small\" country and is unable to influence the Brazilian (world) price of steel. The following table shows Spain's supply and demand schedules. Price Quantity Supplied Quantity Demanded (Dollars) (Million tons) (Million tons) 0 0 12 200 2 10 400 4 8 600 6 6 800 8 4 1000 10 2 1200 12 0 1200 1100 O 1000 Demand 900 800 700 Supply PRICE (Dollars per ton) 600 500 S 400 Free trade 300 200 S `Subsidy 100 0 1 2 3 4 5 6 7 8 9 10 11 12 QUANTITY (Million tons)Assuming free trade, which of the following statements are correct? Check all that apply. [3 Spain purchases 4 million tons of steel. [3 Spain's producer surplus is $800 million, and its consumer surplus is $3,200 million. [3 Spain purchases 8 million tons of steel. [3 Spain produces 8 million tons of steel. Now suppose the Brazilian government grants its steel Firms a production subsidy of $200 per ton. Use the black line (cross symbol) to plot Brazil's subsidy-adjusted supply curve on the previous graph. The new market price of steel is_ per ton. At this price, Spain produces:] million tons of steel, consumes:] million tons of steel, and imports :] million tons of steel. The subsidy V Spanish Firms because their producer surplus V b_ million. Spanish steel users realize a V in the consumer surplus 0- million. The Spanish economy as a whole '7 from the subsidy by an amount totaling million