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Because the Ricardian Theory of Comparative Advantage Was Based Only

question 144

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Because the Ricardian theory of comparative advantage was based only on a nation's demand conditions,it could not fully explain the distribution of the gains from trade among trading partners.


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Refers to increasing the availability of materials, finances, or human capital required to perform tasks or achieve goals.

Attributed Responsibility

The process of assigning accountability or blame to individuals or entities for actions or outcomes.

Considerable Power

Significant influence or control over situations, decisions, or other people often evident in leadership or hierarchical positions within organizations.

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A person holding a position of nominal leadership but with limited actual authority, often symbolic in nature.

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