4.Using the table below, graph the MARKET DEMAND CURVE.

Quantity Demanded (units)

Price ($/unit)
	Bert	Ernie	Grover	Oscar
0.00	20	16	6	8
0.50	18	12	4	6
1.00	14	10	2	5
1.50	12	8	0	4
2.00	6	6	0	2
2.50	0	4	0	0

If these are the only four buyers in the market, then when the price increases from $1.00 to $1.50, how does the market quantity demanded change?

5. I want you to give me 5 benefits of international trade, and 5 arguments for restricting trade. Please don't just list them, but give me your explanations and reasons. Defend each benefit and argument. Put some thought into this.

6. Using the following table, what was country A's GDP in 2019? (Show your equation and your work!) did they have a trade surplus or a trade deficit?)