Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:

When a large nation imposes a tariff, which of the following is NOT a cost incurred?

a. deadweight efficiency loss b. reduced consumer surplus c. deterioration of terms of trade for the trading partners d. falling government revenues for the nation imposing the tariff

Based on the figure above, as a result of international trade, producer surplus

A) increases by $150 million. B) decreases by $150 million. C) increases by $90 million. D) decreases by $90 million. E) remains unchanged.