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In What Way Do the Conclusions of the Ricardian and

Question 13

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.

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