For a single country to influence the price of some good in the global market:
A) it must be considered a price taker.
B) the quantity it produces and consumes must be small relative to the total amount of that good bought and sold worldwide.
C) the quantity it produces and consumes must be large relative to the total amount of that good bought and sold worldwide.
D) the country must be large relative to other nations in the world
Correct Answer:
Verified
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