1. A country opts for free trade while some workers remain unemployed in the import-competing sector. Why?...
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1. A country opts for free trade while some workers remain unemployed in the import-competing sector. Why? Given real wage rate in Thailand is higher than Bangladesh, how would international trade affect real wages between them under perfectly mobile labor movement?
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Related Book For 
International Finance Theory And Policy
ISBN: 9781292019550
10th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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