Hi, can someone help me with this please.

Suppose that the United States is currently open to trade and does not impose any trade restrictions on imports or exports. It is known that the world price for soybeans is above the market clearing price that would exist domestically in the United States in the absence of trade. and that the world price of washing machines is below the market clearing price that would exist domestically in the United States in the absence of trade. Dena has just been elected as the rst female President of the United States. President Dena is trying to understand the implications of the current trade policy and whether she should institute changes to this policy. She decides to hire three internationally renowned, future Nobel Prize winning economists (Rachel, Cristiano, and Xiaosheng) and her next-door neighbor (Andrew) to help her. Each economist provides the following piece of input. Based on the information provided, identify whether each of the following would be true or false and briey explain your reasoning. A. Rachel states that. by allowing international trade in the soybean market, domestic employment in the U.S. soybean industry is greater than would exist if the U.S. was closed to trade internationally. B. Cristiano states that restricting both imports and exports will cause domestic consumer surplus in the soybean market in the U.S. to increase, domestic producer surplus in the washing machine market in the U.S. to increase, and domestic employment in the washing machine industry in the U.S. to also increase. C. Xiaosheng states that imposing a tariff on imported washing machines will increase both domestic producer surplus and domestic employment in the U.S. washing machine industry but will have an even larger negative impact on net benets to consumers of washing machines in the U.S. D. Andrew states that by allowing international trade to occur, there will be winners and losers in both the domestic soybean and domestic washing machine markets. However, net benets to society as a whole will be larger in both markets than would exist in the absence of international trade