When the nation of Ectenia opens itself to world tradein coffee beans. the domestic price of coffee beansfalls. Which of the following describes the situation'•· Domestic prOduction of coffee rises, and Ectenoabecomes a coffee imoorter.b. Domestic prOduction of coffee rises, and Ecten iabecomes a coffee exporter.c. Domestic prOduction of coffee falls. and Ecteniabecomes a coffee importer.rl Domestic PrOduction of coffee falls. and Ecteniabecomes a coffee exporter.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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When the nation of Ectenia opens itself to world trade
in coffee beans. the domestic price of coffee beans
falls. Which of the following describes the situation'
•· Domestic prOduction of coffee rises, and Ectenoa
becomes a coffee imoorter.
b. Domestic prOduction of coffee rises, and Ecten ia
becomes a coffee exporter.
c. Domestic prOduction of coffee falls. and Ectenia
becomes a coffee importer.
rl Domestic PrOduction of coffee falls. and Ectenia
becomes a coffee exporter.
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