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danyyzz danyyzz
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A year ago
Consider a country that is initially autarkic and then engages freely in international trade. If this country has a comparative advantage in the production of soybeans, it will most probably

▸ import soybeans

▸ decrease the production of soybeans for domestic consumption.

▸ increase the production of soybeans for domestic consumption.

▸ increase the production of soybeans to allow for the export of soybeans.

▸ derive no advantage from any trade in soybeans.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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kimtrankimtran
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#1
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A year ago
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danyyzz Author
wrote...

A year ago
Correct Slight Smile TY
einstein
wrote...

Yesterday
Good timing, thanks!
kc123
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2 hours ago
Brilliant ツ
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