Solved

For a Single Country to Influence the Price of Some

Question 91

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents