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question 52

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Use the following to answer question: Use the following to answer question:   -(Figure: Domestic Market for Digital Cameras) Use Figure: The Domestic Market for Digital Cameras.Assume that P<sub>A</sub> is the autarky price and P<sub>W</sub> is the world price.Total surplus before international trade is equal to the area: A) A + B + C. B) A + B. C) A + B - D - E. D) A.
-(Figure: Domestic Market for Digital Cameras) Use Figure: The Domestic Market for Digital Cameras.Assume that PA is the autarky price and PW is the world price.Total surplus before international trade is equal to the area:


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