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Answer whether the following statements are true or false. Justify you answer. Consider the following representation of the Ricardian Model. Two countries, Nepal and Indonesia,

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Answer whether the following statements are true or false. Justify you answer.

  1. Consider the following representation of the Ricardian Model. Two countries, Nepal and Indonesia, produce two products - food and garments.Total labour supply in Nepal is 48 and the total labour supply in Indonesia is 60. The table provides the unit-labour requirements (
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