Multiple Choice
Figure 9-6
The figure illustrates the market for roses in a country. 
-The before-trade price of fish in Germany is $8.00 per pound.The world price of fish is $6.00 per pound.Germany is a price-taker in the fish market.If Germany allows trade in fish,then Germany will become an
A) importer of fish and the price of fish in Germany will be $6.00.
B) importer of fish and the price of fish in Germany will be $8.00.
C) exporter of fish and the price of fish in Germany will be $6.00.
D) exporter of fish and the price of fish in Germany will be $8.00.
Correct Answer:
Verified
Correct Answer:
Verified
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