The Flat Part of Home's Export Supply Curve in the Ricardian

question 186

Multiple Choice

The flat part of Home's export supply curve in the Ricardian model is due to the assumption that:

• A) Home has a comparative advantage in its export.
• B) Home has an absolute advantage in its export.
• C) the marginal product of labor is constant in the export good.
• D) Home has more labor than Foreign.

---

Definitions:

Cave Drawings

Prehistoric images or symbols found on cave walls created by early humans as a form of expression or communication.

Verbal

Relates to words and the use of speech in communication.

Matched-Guise Technique

Research methodology to measure people’s attitudes towards a speaker based solely on speech style.

Bogus Pipeline Technique

A measurement technique that leads people to believe that a ‘lie detector’ can monitor their emotional responses, thus measuring their true attitudes.