Multiple Choice
In what way do the conclusions of the Ricardian and
The specificfactors models differ?
A) In the specificfactors model, all resources (labor, land, capital) are better off with free trade.In the
Ricardian model, only labor is better off with free trade.
B) In the Ricardian model, a country is better off with free trade.In the specificfactors model, some of a
Country's resources will be worse off with free trade.
C) In the Ricardian model, some of a country's resources will be worse off with free trade.In the
Specificfactors model, some of a country's resources
Will be better off with free trade.
D) In the Ricardian model, labor will be worse off with free trade.In the specificfactors model, labor will be
Better off with free trade.
Correct Answer:

Verified
Correct Answer:
Verified
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