Q. In the Ricardian model, if a country's trade is restricted, this will cause all except which? (Solved)
1. Limit specialization and the division of labor.
2. Reduce the volume of trade and the gains from trade
3. Cause nations to produce inside their production possibilities curves
4. May result in a country producing some of the product of its comparative Disadvantage
- c. Cause nations to produce inside their production possibilities curves