Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in Consumption”). Everglades Denali Chinos Pistachios Chinos Pistachios (Millions of pairs) (Millions of pounds) (Millions of pairs) (Millions of pounds) Without Trade Production 15 20 8 48 Consumption 15 20 8 48 With Trade Production Trade action Consumption Gains from Trade Increase in Consumption
