(Solved by Humans)-Below are the markets for passenger airplanes in Mexico and the
Question
Below are the markets for passenger airplanes in Mexico and the United States without trade. E1 and E2 represent the equilibrium points in each market. Assuming these are the only two countries, suppose all trade barriers are completely removed. Shift the horizontal international price lines (P1 and P2) to show the equilibrium that the two countries would reach with free trade. All prices have been converted to U.S. dollars.
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