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In autarky, wages generally: are lower in the labor-abundant country than in the capital-abundant country. have no relationship to labor abundance. are the same in
In autarky, wages generally:
- are lower in the labor-abundant country than in the capital-abundant country.
- have no relationship to labor abundance.
- are the same in the labor-abundant and the capital-abundant countries.
- are higher in the labor-abundant country than in the capital-abundant country.
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An Inquiry Into The Nature And Causes Of The Wealth Of Nations
Authors: Adam Smith, R H Campbell
1st Edition
0865970068, 9780865970069
