Business, 18.01.2021 14:00 jennifer7037

Assume, for Mexico, that the domestic price of oranges without international trade is lower than the world price of oranges. This suggests that, in the production o! oranges: a. Mexico has a comparative advantage over other countries and Mexico will export oranges.
b. Mexico has a comparative advantage over other countries and Mexico will import oranges.
c. Other countries have a comparative advantage over Mexico and Mexico will export oranges.
d. Other countries have a comparative advantage over Mexico and Mexico will import oranges.

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Assume, for Mexico, that the domestic price of oranges without international trade is lower than the...

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