S 28 Price (dollars per unit) 24 20 World Price 16 D 12 0 3 6 9 12 Quantity (millions of units per year) 4a. At the world price, will the domestic country import or export the good? _ 4b. How many units will be consumed by domestic consumers? 4c. How many units will be supplied by domestic producers? 4d. How many units will be traded internationally (i.e. imported or exported)? 4e. Which group (if any) is worse off as a result of the country opening up to trade? (i.e. experienced a reduction in surplus). 4f. By how much did total surplus increase per year as a result of trade? Blank # 1 A/ Blank # 2 AJ Blank # 3 A/ Blank # 4 A/ Blank # 5 Blank # 6 A/