Refer to the figure below to answer the following questions.
Figure 7.2.2
The figure shows the market for helicopters in Canada, where D is the domestic demand curve and S is the domestic supply curve. Canada trades helicopters with the rest of the world at a price of $36 million per helicopter.
-In Figure 7.2.2, international trade ________ consumer surplus in Canada by ________.
Definitions:
Computer Assisted Telephone Interviewing (CATI)
A method of conducting surveys where an interviewer uses a computer system to guide the process and record responses.
Text-Based
Relates to communication or information that is delivered primarily through written language.
Email-Based
Pertaining to methods, communication, or processes that are conducted through the use of email.
Synergistic Group Effect
The phenomenon where the combined effort of a group produces a greater effect than the sum of their individual efforts.
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