Homework answers / question archive / Before and After Trade Equilibrium (10 marks) Using the Graph 1 below, in no more than 150 words, calculate and explain how can you decide whether the nation has gained from trade and has a higher standard of living? (hint: trade triangular) Graph 1 Shoes 800 425 u, U 250 275 400 700 Computers

Before and After Trade Equilibrium (10 marks) Using the Graph 1 below, in no more than 150 words, calculate and explain how can you decide whether the nation has gained from trade and has a higher standard of living? (hint: trade triangular) Graph 1 Shoes 800 425 u, U 250 275 400 700 Computers

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Before and After Trade Equilibrium (10 marks) Using the Graph 1 below, in no more than 150 words, calculate and explain how can you decide whether the nation has gained from trade and has a higher standard of living? (hint: trade triangular) Graph 1 Shoes 800 425 u, U 250 275 400 700 Computers