Multiple Choice
As a result of trade between two countries which are of completely different economic sizes,specialization in the Ricardian 2X2 model tends to
A) be incomplete in both countries.
B) be complete in both countries.
C) be complete in the small country but incomplete in the large country.
D) be complete in the large country but incomplete in the small country.
E) sustain one countries economy in in direct proportion to the other.
Correct Answer:
Verified
Correct Answer:
Verified
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