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Business, 12.06.2021 03:40 simbupls

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

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