2 A few years ago, Adam Gilchrist was approached by the Boston Red Sox and asked if...

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2 A few years ago, Adam Gilchrist was approached by the Boston Red Sox and asked if he would like to become a major league base-

ball player in the United States. This event high-

lighted the differences in pay of American base-

ball players and Australian cricketers. In 2006, the median baseball salary was $US2.9 million or $3.9 million Australian and the top players earn more than $20 million a year. The best Australian test cricketers earn about $1 million a year.

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Economics

ISBN: 9781503632943

5th Edition

Authors: Douglas McTaggart, McTaggart Findlay & Parkin, Christopher Findlay, Michael Parkin

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