The Ricardian model of comparative advantage lends support to the argument that
A) trade tends to worsen the conditions of unskilled labor in rich countries.
B) trade tends to worsen the conditions of owners of capital in rich countries.
C) trade tends to worsen the conditions of workers in poor countries.
D) trade tends to worsen the conditions of workers in rich countries.
E) trade is mutually beneficial to the countries that engage in it.
E
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In the model for desired saving, autonomous is roughly synonymous with ________
A) policy-determined B) endogenous C) intended D) inflation-adjusted E) exogenous
Homeowners may deduct all of the following expenses when preparing their income tax return EXCEPT
A) real estate taxes. B) mortgage interest on a first home. C) mortgage interest on a second home. D) mortgage interest on a third home.