Graphing Gains from Trade

Only U.S. suppliers are able to sell avocados in the U.S.
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Select the CONSUMER SURPLUS area on the graph

U.S. Avocado Market

Only U.S. suppliers are able to sell avocados in the U.S.
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Select the PRODUCER SURPLUS area on the graph

Only U.S. suppliers are able to sell avocados in the U.S.
&nbsp;
Select the TOTAL SURPLUS area on the graph

The U.S. is now able to import avocados from other countries at a lower price than the U.S. market price. The world supply curve is labeled "Sw" and the domestic supply curve is labeled "Sd" on the graph.
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Select the DOMESTIC CONSUMER SURPLUS area on the graph

The U.S. is now able to import avocados from other countries at a lower price than the U.S. market price. The world supply curve is labeled "Sw" and the domestic supply curve is labeled "Sd" on the graph.
&nbsp;
Select the DOMESTIC PRODUCER SURPLUS area on the graph

The U.S. is now able to import avocados from other countries at a lower price than the U.S. market price. The world supply curve is labeled "Sw" and the domestic supply curve is labeled "Sd" on the graph.
&nbsp;
Select the TOTAL SURPLUS area on the graph

The U.S. is now able to import avocados from other countries at a lower price than the U.S. market price. The world supply curve is labeled "Sw" and the domestic supply curve is labeled "Sd" on the graph.
&nbsp;
Select the GAINS FROM INTERNATIONAL TRADE area on the graph

U.S. suppliers are able to sell mining equipment only in the U.S.
&nbsp;
Select the CONSUMER SURPLUS area on the graph

U.S. Mining Equipment Market

U.S. suppliers are able to sell mining equipment only in the U.S.
&nbsp;
Select the PRODUCER SURPLUS area on the graph

Only U.S. suppliers are able to sell mining equipment in the U.S.
&nbsp;
Select the TOTAL SURPLUS area on the graph

International trade is now allowed. The world price for mining equipment is higher than the U.S. price, so U.S. suppliers now export their equipment to other countries. The world supply curve is labeled &ldquo;Sw&rdquo; and the domestic supply curve is labeled &ldquo;Sd&rdquo; on the graph.
&nbsp;
Select the DOMESTIC CONSUMER SURPLUS area on the graph

International trade is now allowed. The world price for mining equipment is higher than the U.S. price, so U.S. suppliers now export their equipment to other countries. The world supply curve is labeled &ldquo;Sw&rdquo; and the domestic supply curve is labeled &ldquo;Sd&rdquo; on the graph.
&nbsp;
Select the DOMESTIC PRODUCER SURPLUS area on the graph

International trade is now allowed. The world price for mining equipment is higher than the U.S. price, so U.S. suppliers now export their equipment to other countries. The world supply curve is labeled &ldquo;Sw&rdquo; and the domestic supply curve is labeled &ldquo;Sd&rdquo; on the graph.
&nbsp;
Select the TOTAL SURPLUS area on the graph

International trade is now allowed. The world price for mining equipment is higher than the U.S. price, so U.S. suppliers now export their equipment to other countries. The world supply curve is labeled &ldquo;Sw&rdquo; and the domestic supply curve is labeled &ldquo;Sd&rdquo; on the graph.
&nbsp;
Select the GAINS FROM INTERNATIONAL TRADE area on the graph