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.
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The before-trade price of fish in Germany is $8.00 per pound. The world price of fish is $6.00 per p...
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