[fennecbutt]

Who makes the profit? Duh.

[savanaly]

You might be right, but it's certainly not a "duh". Consumer surplus exists in addition to producer surplus.

[mlyle]

Externalities also exist-- funny how the dead seafloor and collapsing local fisheries don’t show up in the export statistics.

[savanaly]

I would agree, but that's beside the point I was making.