5. In the one factor Ricardian Model, if with trade the Home country is specialized completely in VCRS, the nominal wage in the home country will be equal to A. The unit labor requirement of a VCR in the Home country times the World nominal price of a VCR. B. The unit labor requirement of a VCR in the Home country divided by the World nominal price of a VCR. C. The unit labor requirement of the VCR in the home country divided by the unit labor requirement in the foreign country. D. The unit labor requirement of a VCR in the foreign country divided by the unit labor requirement for a VCR in the Foreign country. E. None of the above. Exhibit 3. Country Home Foreign Unit Labor Requirements Shirts Kiwi aLs a is 16 hours per Shirt 60 hours per Shirt aux 2 hour per Kiwi aux 5 hours per Kiwi 6. Use Exhibit 3 above for this question. If the world nominal market price of shirts is $40 per shirt and of Kiwi is $4 per Kiwi and if both countries are specialized in the commodity in which they have a comparative advantage, then A. Home country's nominal wage will be $2.50 per hour and Foreign Country's nominal wage will be $.80 per hour. B. Home country's nominal wage will be $.80 per hour and Foreign Country's nominal wage will be $2.50 per hour. C. Home country's nominal wage will be $.50 per hour and Foreign Country's nominal wage will be $.67 per hour. D. Home country's nominal wage will be $.67 per hour and Foreign Country's nominal wage will be $.50 per hour. E. None of the above. 3