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Question 16 (1.25 points) The world price of coffee is $30 per kg. The pre-trade price of coffee in Ivory Coast is $20 per kg.

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Question 16 (1.25 points) The world price of coffee is $30 per kg. The pre-trade price of coffee in Ivory Coast is $20 per kg. What would happen if Ivory Coast allows trade in coffee? 0 Ivory Coast will export coffee, and the price in Ivory Coast will be $30 0 Ivory Coast will import coffee, and the price in Ivory Coast will be $20 0 Ivory Coast will import coffee, and the price in Ivory Coast will be $30 0 Ivory Coast will export coffee, and the price in Ivory Coast will be $20

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