Topic1Theefficiencyofmarket外文文献.ppt

* 36 * 2 2 * 3 3 * 4 4 * 5 5 * 14 11 * 15 12 * 24 15 * 25 15 * Figure 1The Equilibrium without International Trade Copyright ? 2004 South-Western Consumer surplus Producer surplus Price of Steel 0 Quantity of Steel Domestic supply Domestic demand Equilibrium price Equilibrium quantity Figure 2 International Trade in an Exporting Country Copyright ? 2004 South-Western Price of Steel 0 Quantity of Steel Domestic supply Price after trade World price Domestic demand Exports Price before trade Domestic quantity demanded Domestic quantity supplied Figure 3 How Free Trade Affects Welfare in an Exporting Country Copyright ? 2004 South-Western D C B A Price of Steel 0 Quantity of Steel Domestic supply Price after trade World price Domestic demand Exports Price before trade Figure 3 How Free Trade Affects Welfare in an Exporting Country Copyright ? 2004 South-Western D C B A Price of Steel 0 Quantity of Steel Domestic supply Price after trade World price Domestic demand Exports Price before trade Producer surplus before trade Consumer surplus before trade How Free Trade Affects Welfare in an Exporting Country Figure 4 International Trade in an Importing Country Copyright ? 2004 South-Western Price of Steel 0 Quantity Price after trade World price of Steel Domestic supply Domestic demand Imports Domestic quantity supplied Domestic quantity demanded Price before trade Figure 5 How Free Trade Affects Welfare in an Importing Country Copyright ? 2004 South-Western C B D A Price of Steel 0 Quantity of Steel Domestic supply Domestic demand Price after trade World price Imports Price before trade Figure 5 How Free Trade Affects Welfare in an Importing Country Copyright ? 2004 South-Western C B A Price of Steel 0 Quantity of Steel Domestic supply Domestic demand Price after trade World price Price before trade Consumer surplus before trade Producer surplus before trade Figure 5 How Free Trade Affects Welfare in an Importing Country Copyright ? 2004 South-Western C B D A Price