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2. Suppose we are examining exports of steel pipes of a small country. Under a free trade and with a world price of $200 the steel industry produces 260,000 pipes per year and exports 90,000. The government of this country then decides to offer to its rms an export subsidy of $20 per pipe, which encourages domestic production to increase to 290,000 steel pipes and exports to 140,000 pipes a year. A) Using the information above draw domestic supply and demand curves for steel pipes. Label everything! B) Calculate domestic producers\" gains/losses as a result of $20 export subsidy. C) Calculate domestic consumers' gains/losses as aresult of $20 export subsidy. D) Calculate domestic governments' gains/losses as a result of $20 export subsidy. E) Calculate gains/losses in national wellbeing as a result of $20 export subsidy