YearCPI200594200699200710020081042009117Using the information in the table shown, the rate of inflation from 2008 to 2009 was:

If the ________ cost of production for two goods is different between two countries then mutually beneficial trade is possible

A) explicit B) marginal C) opportunity D) implicit

The Ricardian model demonstrates that

A) trade between two countries will benefit both countries. B) trade between two countries may benefit both regardless of which good each exports. C) trade between two countries may benefit both if each exports the product in which it has a comparative advantage. D) trade between two countries may benefit one but harm the other. E) trade between two countries always benefits the country with a larger labor force.