According to the Ricardian Model,the Source of Comparative Advantage Is

question 39

Multiple Choice

According to the Ricardian model,the source of comparative advantage is:

• A)differences in labor productivity in the different countries.
• B)differences in foreign trade policies followed by the governments of the various countries.
• C)differences in resource endowments of the economies.
• D)differences in the fields of research and development in the countries.
• E)differences in the taste and preferences of the consumers in the different countries.

---

Definitions:

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something, essential for social relationships and psychological well-being.

Financial Security

The state of having stable income or resources to support a standard of living now and in the foreseeable future.

Sex

A biological characteristic determining the male and female species, also referring to activities related to sexual intercourse.

Attaining A Goal

The act of achieving or reaching a desired outcome or objective.