Because of diminishing returns,it is not feasible for a country to specialize to the degree suggested by the simple Ricardian model.

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The simple Ricardian model assumes constant returns to specialization, which means that as a country specializes more and more in producing one good, the opportunity cost of producing that additional unit increases. Eventually, the additional gains from specialization may not be worth the additional costs, leading to diminishing returns. Therefore, it is not feasible for a country to specialize to the degree suggested by the simple Ricardian model.

Because of Diminishing Returns,it Is Not Feasible for a Country