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In addition to the question in the image. Q: are previous cellphone workers better or worse off? Why? Question 31 6 pts 1(f) - 6

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In addition to the question in the image. Q: are previous cellphone workers better or worse off? Why?

image text in transcribed
Question 31 6 pts 1(f) - 6 points In the Ricardian Model's setup, suppose one US worker can either produce 10 cellphones or 10 computers per hour; one Mexican worker can either produce 5 cellphones or 1 computer per hour. (attention! This is not ULR, this is labor productivity) Question : What would happen to the cellphone industry in the US after trading with Mexico? Describe the employment and wages for Cellphone workers. Edit View Insert Format Tools Table 12pt Paragraph B I U A & Ty V S V

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