More help with microeconomics please?

Question

I was looking through the sample ap micro free responses and I have some trouble answering some of the questions. Cane anyone please help me with #3 on this website:http://www.collegeboard.com/prod_downloads/ap/students/economics/ap04_frq_micro_b.pdf

Also, please describe how you figure it out. Thanks.

Answer 1

idk but tht word sounds like microwave. haha good eating man.

Answer 2

a) Since the supply and demand are the domestic market, the domestic cost of producing is higher than the world price, so import. Another explanation (from the demand side), since the domestic price is higher than the world price, no one in the world would buy from you, so exporting is a bad idea.

b) 300 units are imported (350 are demanded, 50 are produced domestically, so 300 are brought in)

c) Consumer surplus WAS  the triangle H, Pw, N... but is NOW the triangle H, Pt, M.

Producer surplus WAS the triangle (wherever supply crosses the y-axis), Pw, J and but NOW goes up to Pt, K.

d) Employment increases domestically since more of the good is produced.