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The degree of specialization predicted by the basic Ricardian model C) A. is nearly identical to that observed in the real world. O B. cannot
The degree of specialization predicted by the basic Ricardian model C) A. is nearly identical to that observed in the real world. O B. cannot be compared to the real world since the model is theoretical. O C. is much less extreme than is observed in the real world. 0 D. is much more extreme than is observed in the real world. The Ricardian model of international trade makes predictions about actual international trade flows that O A. are contradicted by the empirical evidence. O B. are supported with qualification by the empirical evidence. O C. cannot be evaluated with empirical evidence. O D. are supported without qualification by the empirical evidence
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