The pauper labor and the exploitation arguments
A) invalidate the Ricardian model.
B) are theoretical weaknesses that limit the applicability of the Ricardian concept of comparative advantage.
C) are theoretically irrelevant to the Ricardian model,and do not limit its logical relevance.
D) are not relevant because the Ricardian model allows for different technologies in different countries.
E) are not relevant because the Ricardian model is based on the labor theory of value.
Correct Answer:
Verified
Q1: Assume that labor is the only factor
Q3: A country engaging in trade according to
Q4: The Ricardian model attributes the gains from
Q5: Which of the following is most likely
Q6: Assume that transportation costs are especially high
Q7: The earliest statement of the principle of
Q8: If labor productivities were exactly proportional to
Q9: Trade between two countries can benefit both
Q10: A nation engaging in trade according to
Q11: According to Ricardo,a country will have a
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