India is expected to surpass the population of China in the next decade or so? What differences between these two nations could have contributed to this outcome?

The Ricardian model attributes the gains from trade associated with the principle of comparative advantage result to

A) differences in technology. B) differences in preferences. C) differences in labor productivity. D) differences in resources. E) gravity relationships among countries.

A country is strongly outward-oriented if there is less or no control on international trade

a. True b. False Indicate whether the statement is true or false