📊 International Economics
Q. The Ricardian theory of comparative advantage states that a country has a comparative advantage in widgets if
  • (A) Output per worker of widgets is higher in that country.
  • (B) That country's exchange rate is low.
  • (C) Wage rates in that country are high.
  • (D) The output per worker of widgets as compared to the output of some other product ishigher in that country.
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✅ Correct Answer: (D) The output per worker of widgets as compared to the output of some other product ishigher in that country.

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