For a country to be a price taker in the global market for some good:
A. the quantity it produces and consumes must be very small relative to the total amount of that good bought and sold worldwide.
B. the quantity it produces and consumes must be very large relative to the total amount of that good bought and sold worldwide.
C. there must be many sellers all supplying a very significant amount to the market.
D. there must be many buyers all buying a large amount from the market.
A. the quantity it produces and consumes must be very small relative to the total amount of that good bought and sold worldwide.
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