Answer: False
Explanation:
David Ricardo formulated the law of comparative advantage which was published in 1833. The holds that under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.
According to David Ricardo, no country has absolute advantage when it comes to trade and he suggested that countries should focus more on producing goods they have comparative advantage in and import those with higher opportunity cost.
The correct answer is A. Indeed, the history behind this story tells us the correct answer. The story is based on Crane's own experience. Therefore, all the answers contain the phrase <em>omniscient narrator </em>and the author gives a hint for the upcoming surprises which is a foreshadowing.
D. Academic integrity is the best answer for the question Which of the following would not be a section on a college application?
Academic integrity is generally not present in a college application.
