What are the main characteristics of each of the three economic ideologies we've analyzed in our class - mercantilism, liberalism and nationalism? What's common and what's different between these three templates? What historical processes provided the background to the rise of mercantilism, liberalism (Adam Smith) and nationalism (Friedrich List)? Please outline each of these templates and identify important differences between them

Question 3 How does the Specific-Factors model discussed in this chapter differ from the Ricardian model we covered in Chapter 2? The Ricardian model assumes labor is the only factor of production, while the Specific-Factor model assumes labor, land, and capital are all factors of production. The Factor-Specific model assumes constant opportunity cost, while the Ricardian model does not. O The Specific-Factor model contends that trade generates gains for some factors and losses for others. On the other hand, the Ricardian model assumes trade generated gains for all workers. O The PPF in the Specific-Factors model is bowed outwards, while in the Ricardian model it is a straight line. The Ricardian model assumes movement across workers, while the Specific-Factors model does not.

Question 16: Within the social sciences, theories focus on: select all that apply.   A Human behavior B Society C Marketing strategies D Network configurations