... Netherlands, and Luxembourg—have been members of the European Economic Community; they were laterjoined by the United Kingdom, Ireland, Denmark, Greece, and, most recently, Spain and Portu-gal. ... output and D to consumption of manufactures and food, respectively.The left-hand side of this expression therefore represents the value of exports at worldprices, while the right-hand side represents ... Now add Foreign, which has a demand curve and a supply curveD* = 80 - 20P,S* = 40 + 20P.a. Derive and graph Foreign's export supply curve and find the price of wheat thatwould...