Glazeland's doughnut market before international trade. Glazeland opens up to international trade. If the world price is $0.40 a doughnut then Glazeland will produce doughnuts and will doughnuts.
A) 6 million; export 3 million
B) 3 million; export 3 million
C) 4 million; import 1 million
D) 3 million; import 3 million
E) 4 million; export 1 million
