Which of the following is NOT an assumption in the Ricardian model? a, Labor productivity in each

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Which of the following is NOT an assumption in the Ricardian model?

a, Labor productivity in each country is fixed.

b. Markets are perfectly competitive.

c. Each country has only one factor of production and its amount is fixed.

d. Labor can freely move across countries.

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Accounting Information System

ISBN: 9781439078570

7th Edition

Authors: James A. Hall

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Posted Date: Dec 21, 2022 11:11 PM

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Which of the following is NOT an assumption in the Ricardian model? a, Labor productivity in each

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Accounting Information System

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