Suppose Venezuela is open to free trade in the world market for Wheat. Since Venezuela is small relative to the international market, the demand for and suppl',r of wheat in Venezuela have no impact on the world price. The following graph shows the domestic market for wheat in Venezuela. The world price ofa ton of wheat is PW = $400. On the following graph, use the green triangle { triangle symbols) to shade the area representing consumer surplus (CS) when the economy is at the free-trade equilibrium. Then, use the purple triangle {' diamond symbols} to shade the area representing producer surplus {PS}, 630 Domestic Demand Domestic Supplyr 640 CS one 530 $0 520 P3 480 440 PRICE (Dollars perton) 4C0 35-0 320 280 E} 5 1 El 1 5 2:] 25 33 35 43 45 5:! QUANTITY [Tons of wheat] Because Venezuela participates in international trade in the market for wheat, it will import \\:| tons of wheat