Question: Q8- Which one is the answer? Thanks QUESTION 8 4 polets Save Answer Suppose a country with two types of workers, high skilled and low
Q8- Which one is the answer? Thanks
QUESTION 8 4 polets Save Answer Suppose a country with two types of workers, high skilled and low skilled, has a comparative advantage in biotechnology and a comparative disadvantage in shoes Under the Stolper-Samuelson theorem, which predicts increasing inequality due to international trade expansion of trade will result in O 1. the fall in the real wage rate of skilled and unskilled labor in the shoe industry O 2 the rise the real wage rate of skilled and unskilled labor in the biotechnology industry 3. the rise in the real wage rate of skilled labor and the fall of the real wage rate of unskilled labor 4. the rise in the real wage rate of both skilled and unskilled labor 5. the fall in the real wage rate of both skilled and unskilled labor 4 points Save
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