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M Question 10 - International Trade X C The graphs below show the mark x Course Hero X + X C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.uhd.edu%252Fwebapps%252Fportal%25... G *
M Question 10 - International Trade X C The graphs below show the mark x Course Hero X + X C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.uhd.edu%252Fwebapps%252Fportal%25... G * International Trade Homework i Saved Help Save & Exit Submit The graph below shows the market for tires in the United States, a nation that is open to international trade but is assumed to be a 10 price taker unable to affect the world price of tires. a. In the graph below, identify the areas that represent consumer surplus (CS) and producer surplus (PS) with international trade. Instructions: Use the tools provided "CS" and "PS" to illustrate these areas on the graph. 1 points Market for Tires eBook 320 Tools 280 Print CS PS 240 n 200 References Price (dollars per tire 160 120 80 PW 40 D Quantity (millions of tires) Mc Graw Type here to search 64OF Cloudy 12:29 PM cls 4/23/202
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