8. In 2008 the Ukraine successfully negotiated terms to become a member of the World Trade Organization.

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8. In 2008 the Ukraine successfully negotiated terms to become a member of the World Trade Organization. Consequently, countries such as those in western Europe are shifting toward free trade with the Ukraine. What does the Stolper-Samuelson theorem predict about the impact of the shift on the real wage of unskilled labor in western Europe? In the Ukraine?

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International Economics

ISBN: 9781429231183

2nd Edition

Authors: Robert C. Feenstra, Alan M. Taylor

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