Exhibit 34-2 Price Quantity Refer to Exhibit 34-2. The U.S. demand and supply for a good are shown. Under a policy of free trade, the world price is PW. If there is a policy change such that imports are prohibited, the price becomes PN U.S. producers are better off if imports are specifically their producers' surplus changes by area O a. permitted; PWDE O b. permitted; PN BDPW Oc. prohibited, PNBDPW O d. prohibited, BDC 223 PM 5/1/202
