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Figure 9-1 The Figure Illustrates the Market for Coffee in Guatemala

Question 33

Multiple Choice

Figure 9-1
The figure illustrates the market for coffee in Guatemala. Figure 9-1 The figure illustrates the market for coffee in Guatemala.   -Refer to Figure 9-1.From the figure it is apparent that A) Guatemala will export coffee if trade is allowed. B) Guatemala will import coffee if trade is allowed. C) Guatemala has nothing to gain either by importing or exporting coffee. D) the world price will fall if Guatemala begins to allow its citizens to trade with other countries.
-Refer to Figure 9-1.From the figure it is apparent that


A) Guatemala will export coffee if trade is allowed.
B) Guatemala will import coffee if trade is allowed.
C) Guatemala has nothing to gain either by importing or exporting coffee.
D) the world price will fall if Guatemala begins to allow its citizens to trade with other countries.

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