Explain how trade barriers raise wages in protected industries by reducing average wages economy-wide.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 01:47 AM

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Explain how trade barriers raise wages in protected industries by reducing average wages economy-wide.

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Trade based on comparative advantage raises the average wage rate ...View the full answer

Principles Of Economics

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