In What Way Do the Conclusions of the Ricardian and

question 13

Multiple Choice

In what way do the conclusions of the Ricardian and
The specific­factors models differ?

• A)In the specific­factors model, all resources (labor, land, capital) are better off with free trade.In the
• Ricardian model, only labor is better off with free trade.
• B)In the Ricardian model, a country is better off with free trade.In the specific­factors model, some of a
• Country's resources will be worse off with free trade.
• C)In the Ricardian model, some of a country's resources will be worse off with free trade.In the
• Specific­factors model, some of a country's resources
• Will be better off with free trade.
• D)In the Ricardian model, labor will be worse off with free trade.In the specific­factors model, labor will be
• Better off with free trade.

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Definitions:

Dominant Hand

The hand that is most used by an individual for performing tasks, showing better manual dexterity and coordination.

Left Hemisphere

The left side of the brain, typically associated with linguistic abilities, logical reasoning, and analytical tasks.

Strings of Digits

Sequences of numerical digits, which can be used in various contexts such as passwords, mathematical calculations, or data entry.

Left Hand

The non-dominant hand for the majority of people, controlled by the right hemisphere of the brain, often associated with tasks requiring spatial and nonverbal processes.