What is the net welfare gain from trade to the economy of country 2? (hint: the formula for calculating the area of a triangle is 1/2 times the base times the height) a) 3 b) 6 c) 9 d) 13.5 e) 18 P COUNTRY 1 25 20 15 10 5 0 d1 Q 0 3 6 9 1215182124 b) 9 O c) 12 Od) 18 s1 EIP P S INTERNATIONAL MARKET What will be the quantity supplied by country 1 to the rest of the world at a price of $14? O a) 5 c 25 20 15 10 5 0 0 3 6 9 1215182124 S2 S1 EIP D2 D1 Q P COUNTRY 2 25 20 15 10 5 d2 0 0 3 6 9 1215182124 Q s2 IP

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