Econ 333 international economics

P S P* Pw f ces Pdump D dule Q2 Q3 Q4 Q Q In the graph above, Pw=25, Pdump=13, Q1=8, Q2=11, Q3=16, Q4-19, Q5-22. Germans are able to buy steel on the world market. The graph above shows the German market for Steel. According to the graph above, if US firms dump steel in Germany at a price of Pdump, how will German consumers of steel be affected? Enter the amount of their change in welfare. If they're better off, enter a positive number; if they're worse off, enter a negative number. Round to two decimal places