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Jim Conant
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The answer to your first question is no. There are non-ribbon boundary links whose components are unknotted! Indeed the Bing double of a knot is a boundary link with unknotted components, but it has recently been proven by several authors that the Bing double of the figure-8 knot is not slice (hence not ribbon.) See for example this paper.

Edit: The Bing double of the trefoil is also not slice, which is a less subtle calculation using the signature.

Jim Conant
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