According to Ricardo, a Country Will Have a Comparative Advantage

question 26

Multiple Choice

According to Ricardo, a country will have a comparative advantage in the product in which its

• A) labor productivity is relatively low.
• B) labor productivity is relatively high.
• C) labor mobility is relatively low.
• D) labor mobility is relatively high.

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Definitions:

Inability

The lack of physical or mental capacity to perform a task or function.

Particular Skill

A specific ability or expertise in performing a certain task or activity, often acquired through practice and learning.

Hidden Curriculum

The unofficial, unstated, or implicit patterns within a school that influence what children learn. For instance, teacher background, organization of the play space, and tracking are all part of the hidden curriculum—not formally prescribed, but instructive to the children.

Unrecognized Lessons

Valuable insights or teachings gained from experiences that may not be immediately acknowledged or identified as lessons.