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Refer to Figure 9-1. From the figure it is apparent that Question 53 options: a. Guatemala will export coffee if trade is allowed. b. Guatemala
Refer to Figure 9-1. From the figure it is apparent that Question 53 options: a. Guatemala will export coffee if trade is allowed. b. Guatemala will import coffee if trade is allowed. c. the world price will fall if Guatemala begins to allow its citizens to trade with other countries. d. Guatemala has nothing to gain either by importing or exporting coffee
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