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Canada and the US are trading goods with each other. Markets are perfectly competitive. The demand and supply functions are given by Dc=-P 39:31: 03:3021) Su=4p. [a] 1What is the equilibrium price in Canada if there is no trade? (2} [h] Now the two countries sign a free-trade agreement. What is the new common price? How many units does Canada export?I (2) {c} How much do Canadian producers gain from free trade? {2] [d] The United States impose tarilfs of $5 on imported goods. What is the new price in Canada? How man},r units does Canada export. now? {2] {e} How much would Canadian producers at the most be willing to pay to avoid the tariffs? [2}