Ricardo Model
Inputs: Country A
per x1 (cheese)
per x2 (wine):
L (total):
Outputs: Country A
Opp. costs & P:
P (1 cheese = ... wine):
P (1 wine = ... cheese):
Comp. advantage:
text
Specialization:
text
Gains from trade factor:
Inputs: Country B
per x1 (cheese)
per x2 (wine):
L (total):
Outputs: Country B
Opp. costs & P:
P (1 cheese = ... wine):
P (1 wine = ... cheese):
Comp. advantage:
text
Specialization:
text
Gains from trade factor:
Inputs: World
P World (1 cheese = ... wine):