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Part 2 (4 marks) Complete welfare analysis of free trade on a demand and supply diagram with the following externalities positive and negative ....... Make

Part 2 (4 marks) Complete welfare analysis of free trade on a demand and supply diagram with the following externalities positive and negative

.......

Make sure you draw a neat diagram (2 marks), come to a conclusion (1 mark) and explain why you came to the conclusion you did (1 mark).

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