^{Can you please solve the six multiple choice question? Thank you!}

Question 1 1 pts When transportation costs, 2, are introduced in the Ricardian model, these transportations costs could be described as: trade factor issues. mac 2 w'aLB trade barriers. trade conditions. Question 2 1 pts In a country with Ricardian technology (constant marginal productivity of Labour) the size of the labour force is I = 100. Three goods can be produced in the country, Microphones (M), Nuts (N) and Pasta (P). Marginal Product of Labourfor each good is MPLM = 3, MPLN = Sand MPLP = 2. The opportunity cost of Pasta is: 2.5 Nuts or 1.5 Microphones. 1/5 Nuts or 1/3 Microphones. 5 Nuts or 3 Microphones. 2/5 Nuts or 2/3 Microphones. Question 3 1 pts In a Ricardian world with 2 countries and 3 goods (and Labour is the only factor of production): The Relative Demand for Labour (Home relative to Foreign) will be horizontal while the Relative Supply of Labour will be vertical. ' The Relative Demand for Labour (Home relative to Foreign) will consist of horizontal and downward-sloping segments while the Relative Supply of Labour will be vertical. The Relative Demand for Labour (Home relative to Foreign) will be vertical while the Relative Supply of Labour will consist of horizontal and vertical segments. The Relative Demand for Labour (Home relative to Foreign) will be everywhere downward-sloping while the Relative Supply of Labour will be upward-sloping. Question 4 1 pts In a multi-good (more than two goods) Ricardian world with two countries: ' Each country will produce the goods in which its own relative productivity advantage exceeds 1. Provided the equilibrium relative wage is not identically equal to a country's relative productivity advantage, each country will completely specialize in a subset of goods. " There is no longer complete specialization of any goods. There are no gains from trade. Question 5 1 pts In a Ricardian world with 2 countries (Home and Foreign) and two goods (Cloth and Wheat), knowing which country has a comparative advantage in the production of Cloth will be enough to determine: The patterns of specialization along with patterns of trade (which country exports which good). Which country will have a higher wage in the free-trade equilibrium. The amount that the Home country will export in the free-trade equilibrium. The relative price of Cloth in the free-trade equilibrium. Question 6 1 pts In a Ricardian world with 2 countries (Home and Foreign) and two goods (Cloth and Wheat), knowing that a country has an absolute advantage in the production of both goods will be enough to determine: Which country will have a higher wage in the free-trade equilibrium. The patterns of specialization along with patterns of trade (which country exports which good). The Relative Supply of Cloth function. The relative price of Cloth in the free-trade equilibrium