nshot (133).png Fullscreen QUESTION 6 In the specific factor model with labour as a mobile factor, introducing trade O increases the welfare of all the owners of specific factors in Home. O induces a Pareto improvement for the economy that exports more. O lowers the welfare of workers O increases output and consumption in the world. QUESTION 7 In the specific factor model with two goods 1 and 2 and labour as the mobile factor, in the autarky equilibrium it must hold that O MPL1=(P2/P1)MPL2 for marginal labour productivityes MPL1 and MPL2 O MPL1=MPL2 for marginal labour productivityes MPL1 and MPL2 O the wage w is given by w=MPL1/MPL2 O the wage w is given by w=P1/P2 O the wage w is given by w=(P1 MPL1)/(P2MPL2)