Use the following to answer questions :
Figure: The Market for Tea in Sri Lanka 
-(Figure: The Market for Tea in Sri Lanka) Look at the figure The Market for Tea in Sri Lanka. In autarky, the price is P1. When the economy is opened to trade, the price rises to PW. Sri Lanka will _____ tea and the volume of trade will equal _____.
Definitions:
Legal Entity
An organization or structure with legal rights and obligations, including the capacity to enter into contracts, sue, and be sued.
Accounting System
A systematic process of recording, summarizing, and analyzing an organization's financial transactions, often supported by software.
Tax Form
A document used to report income, calculate taxes to be paid to the federal or state government, and disclose other information as required by the tax authority.
Equity Accounts
Accounts that represent the owner's interest in the assets of a company after all liabilities have been deducted, essentially reflecting the net worth or ownership value in the company.
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