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Business, 29.03.2021 19:10 gcain9059

Suppose that Thailand and India are currently NOT trading with each other. Both countries produce both shrimp and linens domestically, and sell to domestic customers. Next, suppose that Thailand and India engage in completely free trade. Thailand has the Comparative Advantage in shrimp, and begins exporting shrimp to India India has the Comparative Advantage in linens, and begins exporting linens to Thailand. What happens in Thailand due to free trade? Who is helped and who is hurt in Thailand? Check all that apply.

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