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zysi [14]
4 years ago
10

Which of the following is​ TRUE? A. Adam Smith proposed the theory of comparative advantage as the basis for trade in The Wealth

of Nations. B. Absolute advantage is based on comparing the opportunity costs of trading partners. C. David Ricardo proposed the theory of absolute advantage as the basis for trade. D. The Ricardian model assumes labor is perfectly mobile.
Social Studies
1 answer:
Galina-37 [17]4 years ago
6 0

Answer:

D. The Ricardian model assumes labor is perfectly mobile

Explanation:

This model assumes that labor is perfectly mobile, tech is constant, and markets are perfectly competitive. It was developed by David Ricardo in his classical theory of comparative advantage which explains why countries engage in international trade even though their production may be more efficient than its trade partners. The comparative advantage of countries were explained and based on these assumptions.

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The importance of forensic psychologists in the death penalty was greatly highlighted after the Supreme Court decided in 2002 that the use of the death penalty for mentally unstable people was unconstitutional. If an accused is deemed mentally unfit by a psychologist, such a person cannot face the death sentence. This goes on to underline the importance of the psychologists' assessments in death penalty cases.

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