Engineering, 12.12.2019 01:31, brandonholden

Assume, for mexico, that the domestic price of beets without international trade is higher than the world price of beets. this suggests that, in the production of beets, a. mexico has a comparative advantage over other countries and mexico will export beets. b. mexico has a comparative advantage over other countries and mexico will import beets. c. other countries have a comparative advantage over mexico and mexico will export beets. d. other countries have a comparative advantage over mexico and mexico will import beets.

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Assume, for mexico, that the domestic price of beets without international trade is higher than the...