(?) (? Sweden Norway Supply 45 45 40 35 30 Supply 25 PRICE (Dollars per computers) PRICE (Dollars per computers) 20 Demand 15 Demand 0 O O 400 800 1200 400 800 1200 QUANTITY QUANTITY ssume there are no transportation costs. With trade, the price of $20 X brings about balance in exports and imports. At this price, 400 X computers are traded. With trade, Sweden produces 800 X computers and consumes 400 X computers, and orway produces 200 X computers and consumes 800 X computers. Points: 0 / 1 Explanation: Close Explanation One way to determine the price that brings about balance between imports and exports, assuming no transportation costs, is to find the price at which the excess of quantity supplied over quantity demanded in the exporting country equals the excess of quantity demanded over quantity supplied in the importing country. You can determine that at a price of $22.50, the excess of quantity supplied over quantity demanded in Sweden (the exporting country) equals the excess of quantity demanded over quantity supplied in Norway (the importing country). As shown on the following graphs, at this price, 600 computers are traded. With trade, Sweden produces 900 computers and consumes 300 computers, and Norway produces 300 computers and consumes 900 computers.$22.5 Assume there 600 no transportation costs. With trade, the price of $20 X 900 about balance in exports and import 300 his price, 400 X computers an 300 ed. With trade, Sweden produces 80 900 X computers and consumes 400 X computers, and Norway produces 200 X computers and consumes 800 X computers. Points: 0 / 1