Question
Discuss: although the ricardian model predicts that relative prices equalize cross countries after trade, it does not predict that relative wages will do the same
Discuss: "although the ricardian model predicts that relative prices equalize cross countries after trade, it does not predict that relative wages will do the same"
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
