Which One of the Following Is NOT an Assumption Contained

question 21

Multiple Choice

Which one of the following is NOT an assumption contained in the Classical/Ricardo trade model?

• A) Factors of production (labor) are completely mobile within a country.
• B) Factors of production (labor) are completely mobile between countries.
• C) Marginal costs are constant as production increases for a firm/industry.
• D) Transportation costs of goods between countries are zero.

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