The graph below presents the monthly domestic demand and the…

The graph below presents the monthly domestic demand and the monthly domestic supply for tablet computers . Part (i): Suppose that the world price of a tablet computer is $240. Will the country depicted above import or export tablet computers? How many each month? Part (ii): Suppose that the world price of a tablet computer is $240. Identify the increase in total surplus (i.e., the “gains from trade”) that occur when this market opens to trade.