The Ricardian Model Attributes the Gains from Trade Associated with the Principle

question 36

Multiple Choice

The Ricardian model attributes the gains from trade associated with the principle of comparative advantage result to

• A) differences in technology.
• B) differences in preferences.
• C) differences in labor productivity.
• D) differences in resources.
• E) gravity relationships among countries.

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Definitions:

Delivery Model

The method or structure used by organizations to provide goods or services to their customers.

Server Farms

Massive data centers, which may contain hundreds of thousands of networked computer servers.

SaaS

Software as a Service, a cloud computing offering that provides users with access to a vendor's cloud-based software, eliminating the need for internal infrastructure or hardware.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including the services and facilities necessary for its economy to function.