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Refer to the Table Below to Answer the Following Questions

Question 1

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Refer to the table below to answer the following questions.
Table 15.1.1 Refer to the table below to answer the following questions. Table 15.1.1   -Table 15.1.1 shows Glazeland's doughnut market before international trade.Glazeland opens up to international trade.If the world price is $0.40 a doughnut, then Glazeland will produce _______ doughnuts and will _______ doughnuts. A) 3 million; export 3 million B) 4 million; export 1 million C) 4 million; import 1 million D) 6 million; export 3 million E) 3 million; import 3 million
-Table 15.1.1 shows Glazeland's doughnut market before international trade.Glazeland opens up to international trade.If the world price is $0.40 a doughnut, then Glazeland will produce _______ doughnuts and will _______ doughnuts.


A) 3 million; export 3 million
B) 4 million; export 1 million
C) 4 million; import 1 million
D) 6 million; export 3 million
E) 3 million; import 3 million

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