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Home Q & A Board Other Fields Homework Help Business Economics
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Chako Chako
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8 years ago
When a country's labor market is in equilibrium in the specific factors model, the wage rate
A) will be higher in the import-competing sector.
B) will be higher in the sector where product price is lower.
C) will be higher in the export-competing sector.
D) will be the same in both sectors.
E) will be higher in the sector where product price is higher.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 142 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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