Figure 9-1 The Figure Illustrates the Market for Wool in New Zealand

Figure 9-1
The figure illustrates the market for wool in New Zealand.
-Refer to Figure 9-1.From the figure it is apparent that

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