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Problem 6: The figure below illustrates the market for cycles in a country. Complete the following and remember to discuss your results. Label your regions. 1Price 36 34 Domestic Supply 24 22 20 18 16 12 7 World price Domestic Demand 40 80 120 160 200 240 280 320 360 400 440 480 520 560 600 + + Quantity A. Without trade, consumer surplus amounts to what amount? B. Without trade, producer surplus amounts to what amount? C. Without trade, total surplus amounts to what amount? D. With trade, the price of tricycles in this country is at what price and what amount? E. With trade, consumer surplus is how much? F. With trade, producer surplus is how much? G. With trade, total surplus is how much? B. Short Answer: Discuss three trade restrictions and there use by a country and why