Figure market for coffee in guatemala in the absence

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Chapter 25 / Exercise EX25-12
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20. (Figure: Market for Coffee in Guatemala). In the absence of trade, total surplus in Guatemala is represented by the areaa.A + B + C.b.A + B + C + D + F.c.A + B + C + D + F + G.d.A + B + C + D + F + G + H.
21. (Figure: Market for Coffee in Guatemala). When trade in coffee is allowed, consumer surplus inGuatemala
22. (Figure: Market for Coffee in Guatemala). When trade in coffee is allowed, producer surplus in Guatemala
23. (Figure: Market for Coffee in Guatemala). Relative to the no-trade situation, trade with the rest of the world results in
Use the following figure to answer questions 24 and 25. (The domestic country is Nicaragua)Figure: Market for Calculators in NicaraguaVersion 1
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Chapter 25 / Exercise EX25-12
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24. (Figure: Market for Calculators in Nicaragua). With trade, Nicaraguaa.imports 150 calculators.b.imports 250 calculators.c.exports 100 calculators.d.exports 250 calculators.
25. (Figure: Market for Calculators in Nicaragua). The change in total surplus in Nicaragua because of trade is
Version 1

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