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Consider a Country That Is Initially Autarkic and Then Engages

Question 110

Multiple Choice

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


A) derive no advantage from any trade in soybeans.
B) decrease the production of soybeans for domestic consumption.
C) increase the production of soybeans for domestic consumption.
D) increase the production of soybeans to allow for the export of soybeans.
E) import soybeans

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