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When Testing the Ricardian Theory of Comparative Advantage in 1951

question 108

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When testing the Ricardian theory of comparative advantage in 1951, MacDougall found that nations tend to export goods in which their labor productivity is relatively high.


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Powers not explicitly stated in the U.S. Constitution but inferred from the enumerated powers that allow the government to perform its duties.

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The authority of a state to govern itself or another state, emphasizing independence and autonomous rule.

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