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    International Economics Study Set 10
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    Exam 2: Trade and Technology: the Ricardian Model
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    The Ricardian Model Can Be Simplified and Made More Explanatory
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The Ricardian Model Can Be Simplified and Made More Explanatory

Question 67

Question 67

Multiple Choice

The Ricardian model can be simplified and made more explanatory by
Assuming that there is only one resource used in producing goods.What
Did Ricardo assume the resource was?


A) capital
B) technology
C) labor
D) loanable funds

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