If a Country Has a Comparative Advantage in Producing Rice

question 95

Essay

If a country has a comparative advantage in producing rice and a
comparative disadvantage in producing pencils, does the Ricardian model
predict that the real wage in rice production will fall and the real wage in
pencil production will rise as a result of international trade?

---

Definitions:

Passing Away

A euphemism for dying or death.

Soften Your Request

A communication strategy used to make a request seem less direct or imposing.

Main Request

The primary or most significant demand, question, or objective put forward by someone, often in the context of negotiation, inquiry, or communication.

Clear Statement

A declaration or expression that is easy to understand due to its simplicity and lack of ambiguity.