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Q1 mexico does not have an absolute advantage in producing

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Q1. Mexico does not have an absolute advantage in producing sugar over all of the other sugar producing countries. Does this fact mean that Mexico should import its sugar from the other countries?

Q2. • Purchasing of groceries
• Massive layoff of employees
• Decrease in taxes

Describe how each of these activities affects government households as well as businesses. Describe the flow of resources from one entity to another for each activity.

Reference no: EM13354296

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