Refer to the Figure Below to Answer the Following Question

question 19

Multiple Choice

Refer to the figure below to answer the following question.

Figure 7.2.3
-Refer to Figure 7.2.3. The graph shows the market for shoes in Canada. The world price of a pair of shoes is $20. With free international trade, Canadian consumer surplus ________ and Canadian producer surplus ________.

• A)increases by area A + B; decreases by area B
• B)increases by area B; decreases by area B
• C)increases by area A; decreases by area B
• D)decreases by area A + B; increases by area B
• E)decreases by area B; increases by area A

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Units of communication that convey information, intentions, or requests between individuals or groups.

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