150+ 140 130+ Price 120+ A 110 100+ B D 90- H F 80+ 70+ C 60+ 50 40 8 8 8 8 20- 30 Domestic supply World price Domestic demand 10+ 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 Quantity The figure illustrates the market for coffee in Guatemala. The World Price is the price for coffee in the world market. Since the domestic price is less than the world price, Guatemala's coffee growers would want to export coffee to the world. With trade, Guatemala will

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