Under autarky (also known as \"pre-trade\"), algebraically calculate the equilibrium price an quantity in both the US. and in the rest of the world. Circle your numerical answers, and i1 these values on your graphs. Calculate (i.e., as a numerical answer) the market consumer surplus in the U.S., ands also i] rest of the world, under autarky, and indicate these two surpluses clearly on your graphs. Calculate the market producer surplus in the U.S., and in the rest of the world, under autarl indicate these two surpluses clearly on your graphs. Now suppose that free trade opens up between the US. and the rest of the world. Algebraiu determine each of the following: a. the world (i.e., post-trade or free-trade) equilibrium price of shirts [I-Iint: This will be the price that makes the importing country's imports (quantity demandet quantity supplied) equal to the exporting country's exports (quantity supplied minus quantit demanded), or, equivalently, the total world supply (sum of quantity supplied in both count equal to total world demand (sum of quantities demanded in each country). Either way, ym up with an equation that enables you to solve for the common price in both the US. and the P'II. 'l 1- AI 1-er