Consider again, which shows free trade in motorbikes. Assume that U.S. productivity in producing motorcycles increases. What

Question:

Consider again, which shows free trade in motorbikes. Assume that U.S. productivity in producing motorcycles increases. What is the effect on the U.S. domestic demand and/or supply curve(s)? What is the effect on the U.S. demand-for-imports curve? What is the effect on the equilibrium international price?