Question: What is the correct answer? This exercise applies the basic Ricardian model of one factor and two goods. The table below contains the output per

What is the correct answer?

This exercise applies the basic Ricardian model of one factor and two goods. The table below contains the output per hour worked in two countries, Home and Foreign, for each of two goods. Home Foreign Shrimp 2 pounds 3 pounds Molasses 3 gallons 6 gallons The productivity data given above indicates that the relative price of shrimp in Home (P- ) is gallons pound O A. 0.5 O B. 2 O C. 1.5 O D. 0.67

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