In the Ricardian trade model, comparative advantage is determined by: A. technology. B. the capital-to-labor ratio. C.

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In the Ricardian trade model, comparative advantage is determined by:

A. technology.

B. the capital-to-labor ratio.

C. the level of labor productivity.

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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Question Posted: Mar 09, 2024 11:02 AM

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In the Ricardian trade model, comparative advantage is determined by: A. technology. B. the capital-to-labor ratio. C.

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Economics For Investment Decision Makers

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