Which of the Following Has Been Confirmed by Empirical Tests

question 13

Multiple Choice

Which of the following has been confirmed by empirical tests of the Ricardian model?

• A) All predictions of the model for a multi-product, multi-country world are highly unrealistic.
• B) The existence of nontraded goods results in a high degree of specialization among countries.
• C) International trade has no impact on income distribution.
• D) The unimportance of economies of scale as a cause of trade.
• E) Companies tend to export goods in which they have a relatively high level of productivity.

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Definitions:

Ciliated Mucous Membrane

A type of mucous membrane that contains hair-like structures called cilia, which help to move mucus and trapped particles.

Nasal Mucosa

The moist, protective lining inside the nose that helps filter, warm, and moisturize the air we breathe, and is also involved in immune responses.

Epistaxis

Medical term for nosebleed, the common occurrence of bleeding from the nose.

Vertical Fissures

Long, narrow cracks or splits oriented vertically on a surface or structure, often referring to skin or geological formations.