Now suppose SUPPLY decreases in HOME. Explain how social surplus in each country changes given we are
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Now suppose SUPPLY decreases in HOME.Explain howsocial surplusin each country changes given we are in free trade already.Give the specific details (production, consumption, CS, PS, SS) and the intuition.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667396ceba2b9_278667396ce9810b.jpg)
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