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What is the ratio of bushels of soybeans per barrel of oil that Mexico would need to receive in order to gain by producing and exporting oil and importing soybeans?
What is the ratio of bushels of soybeans per barrel of oil that Mexico would need to receive in order to gain by producing and exporting oil and importing soybeans?
Which country has a comparative advantage in producing soybeans?
Which country has a comparative advantage in producing soybeans?
If Mexico received 3 bushels of soybeans per barrel of oil, would it gain from producing and exporting oil and importing soybeans?
If Mexico received 3 bushels of soybeans per barrel of oil, would it gain from producing and exporting oil and importing soybeans?
In terms of oil production, which country has an advantage?
In terms of oil production, which country has an advantage?
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If Mexico exported all its soybeans and imported all its oil needs, how much more soybeans per barrel of oil does Mexico need to gain from this trade?
If Mexico exported all its soybeans and imported all its oil needs, how much more soybeans per barrel of oil does Mexico need to gain from this trade?
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