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Chako Chako
wrote...
Posts: 2948
8 years ago
The pauper labor theory, and the exploitation argument
A) are not relevant because the Ricardian model is based on the labor theory of value.
B) are not relevant because the Ricardian model allows for different technologies in different countries.
C) invalidate the Ricardian model.
D) are theoretically irrelevant to the Ricardian model, and do not limit its logical relevance.
E) are theoretical weaknesses that limit the applicability of the Ricardian concept of comparative advantage.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Correct!
wrote...
7 years ago
Good luck
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