Export Subsidy, Small Country, Exportable Product
(Figure 10.3)

Figure 10.3 shows a small country, in this case a country whose exports of standard length steel pipes do not affect the world price of $100 per pipe. With free trade the firms in the country's competitive steel-pipe industry produce 160 million pipes per year and export 90 million (160-70). Press the "Show Exports" button below to illustrate the level of exports on the graph.
Press "Continue" when you are ready to move on. The "Reset" button will clear the graph.