In a wealthy country, wages are not only high in the traded-goods and services sector, but they
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In a wealthy country, wages are not only high in the traded-goods and services sector, but they are also high in the non-traded goods and services sector. Why? Are there two separate labor markets or just one?
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Labor markets are generally integrated withi...View the full answer
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Related Book For 
The Economics of Public Issues
ISBN: 978-0134018973
19th edition
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
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