Question
Pieland is a country with abundant land, good soil, a productive climate for agriculture, but very few people. As Pieland moves from autarky to export
Pieland is a country with abundant land, good soil, a productive climate for agriculture, but very few people. As Pieland moves from autarky to export of farm products, what will happen to land prices and wage rates? Explain your reasoning.
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
