Discuss the key insights we can take from classical model

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Problem-

Discuss the key insights we can take from the classical/Ricardian model. What are some shortcomings of the model? More complete answers will receive higher scores on this question.

Additional Information-

The problem is belongs to Economics and it is discuss about the insights and shortcomings from Ricardian model. Ricardian model is best known for its representation of optimal usage of a country's resources. Shortcomings such as lack of inclusion of human resources and perfectly ideal situations have been identified.

Word limits- 200

Reference no: EM13825929

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