5 Questions
Match the following countries with their marginal product of labor in producing Suits:
Bangladesh = $MPLS = 1$ Italy = $MPLS = 4$
Match the following countries with their number of workers:
Bangladesh = 120 workers Italy = 30 workers
Match the goods with the known autarky consumption in Bangladesh:
T-shirts = 300 T-shirts Suits = 20 Suits
Match the following countries with their marginal product of labor in producing T-shirts:
Bangladesh = $MPLT = ?$ Italy = $MPLT = 8$
Match the countries with the type of advantage in producing Suits:
Bangladesh = No information Italy = Absolute advantage
Test your understanding of the Ricardian Model with this quiz! Explore the production possibilities of Bangladesh and Italy, their marginal products of labor, and the concept of autarky. Earn up to 50 points as you answer questions related to T-shirts, Suits, and labor productivity.
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