The Ricardian Model Demonstrates That

question 31

Multiple Choice

The Ricardian model demonstrates that

• A) trade between two countries will benefit both countries.
• B) trade between two countries may benefit both regardless of which good each exports.
• C) trade between two countries may benefit both if each exports the product in which it has a comparative advantage.
• D) trade between two countries may benefit one but harm the other.
• E) trade between two countries always benefits the country with a larger labor force.

---

Definitions:

Purchase Reason

Refers to the specific factors or motivations that influence a consumer's decision to buy a product or service.

VALS Typology

A marketing tool used to predict consumer behavior based on the individual's values, attitudes, and lifestyles.

Primary Motivations

Fundamental reasons or driving forces that inspire individuals to take action or behave in a certain way.

Subgroups

Smaller, specific groups formed within a larger group based on shared characteristics or interests.