Home's import demand curve (shown on the graph to the right) for wheat is Foreign's demand curve is Foreign's supply curve is QMD = 80-40P. D = 80-20P. S = 40+20P. 1) Using the line drawing tool, accurately graph Foreign's export supply curve. Label the curve 'EX'. 2) Using the point drawing tool, assuming free trade between the countries at zero transportation cost, indicate on the graph the world price of wheat and the volume of trade. Label the point 'EQ'. Carefully follow the instructions above and only draw the required objects. What would the price of wheat be in the absence of trade? $ (Round your answer to the nearest penny.) Price, P EX 1.5 :20 MD 0 10 20 30 40 50 60 70 80 90 100 Quantity