Figure 9-20
The figure illustrates the market for rice in Vietnam. 
-Refer to Figure 9-20.Given that Vietnam is a small country,it is apparent from the figure that
A) Vietnam will export rice if trade is allowed.
B) Vietnam will import rice if trade is allowed.
C) Vietnam has nothing to gain either by importing or exporting rice.
D) the world price will fall if Vietnam begins to allow its citizens to trade with other countries.
Correct Answer:
Verified
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