Consider a country that is initially autarkic and then engages freely in international trade.If a country has a comparative advantage in the production of soybeans,it will most probably

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If a country has a comparative advantage in the production of soybeans, it means that they can produce soybeans at a lower opportunity cost than other countries. Therefore, it makes sense for them to increase their production of soybeans and export them to other countries, where they can get a higher price for them than they would in their own domestic market. This allows them to specialize in the production of soybeans and use the revenue from exports to import other goods and services that they are not able to produce as efficiently, leading to a higher overall standard of living.

Consider a Country That Is Initially Autarkic and Then Engages