Business, 18.02.2020 05:53, chloe456

The before-trade price of fish in Denmark is $10.00 per pound. The world price of fish is $6.00 per pound. Denmark is a price-taker in the fish market. If Denmark begins to allow trade in fish, its consumers of fish will become . A. better off, its producers of fish will become worse off, and on balance the citizens of Denmark will become better off. B. better off, its producers of fish will become better off, and on balance the citizens of Denmark will become better off. C. worse off, its producers of fish will become better off, and on balance the citizens of Denmark will become worse off. D. worse off, its producers of fish will become better off, and on balance the citizens of Denmark will become worse off.

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The before-trade price of fish in Denmark is $10.00 per pound. The world price of fish is $6.00 per...