David Ricardo's Simplified Trade Model Assumes All of the Following

question 205

Multiple Choice

David Ricardo's simplified trade model assumes all of the following except

• A) trade is balanced,thus ruling out money flows between nations
• B) firms make production decisions in an attempt to maximize profit
• C) transportation costs are zero
• D) tariffs and quotas are used to protect a nation's producers from foreign competition

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Malicious software designed to gather private information from a computer or network without the user's consent.

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Individuals who steal personal information, such as Social Security numbers and bank account details, to commit fraud or other crimes.

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The use of digital technologies to persistently harass, threaten, monitor, or make unwanted advances towards another individual.

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The unwanted and persistent following, contacting, or observing of another person, often leading to the victim feeling harassed, threatened, or unsafe.