Before asking, as english is not my mother language, i want to inform you that t
ID: 3401465 • Letter: B
Question
Before asking, as english is not my mother language, i want to inform you that there would be some awkward or wrong english description.
It is about Ricardian Model in international economics, particularly about relative demand, supply and price.
Also it is a kind of variation of real exercise problem in textbook, .
Actually i have found answer, but not certain so that i want to confirm it is correct.
Conditions are below.
There are two countries, two goods(apple and kiwi), one factor of production(labor).
Is it correct?
Is it correct process?
Explanation / Answer
I Think you are absolutely Correct.
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