Econ 1102 Large Open Economy Equilibrium Page 1 of 2 Large Open Economy Equilibrium Price of Plutonium US USA 2 75 2 25 1 75 2 00 1 50 1 00 60 55 65 Tons of Plutonium 1 20 30 40 Tons of Plutonium Given the information above construct the trade equilibrium in the space provided below 2 25 Price of Plutonium Price of Plutonium US Canada Canada USA 2 00 1 75 1 50 1 25 10 Tons of Plutonium 20 Econ 1102 Large Open Economy Equilibrium Page 2 of 2 Additional Question Australia New Zealand 2 50 4 2 3 2 1 50 22 50 1 30 20 37 50 25 30 Given the information above construct the trade equilibrium in the space provided below Price of Plutonium 3 00 2 75 2 50 2 25 2 00 5 10 Tons of Plutonium Answers Canada USA 1 75 10 Tons Import Export New Zealand Australia 2 25 7 5 tons export import 15
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