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It's international Trade Draw a graph showing how a country's export sector is affected by a change from autarky to free trade. Be sure that

It's international Trade

Draw a graph showing how a country's export sector is affected by a change from autarky to free trade. Be sure that you properly label

  • Both axes
  • All relevant lines or curves
  • All relevant quantities and prices
  • All areas that represent changes in CS, PS and NW

Also, identify the total changes in CS, PS and NW near your graph.

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