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Q8. Identify the correct statement about labor in the immobile factor model. A. The model assumes labor is immobile between firms, industries, and countries B.
Q8. Identify the correct statement about labor in the immobile factor model.
A. The model assumes labor is immobile between firms, industries, and countries
B. Labor used in the two industries is different because their productivities differ across industries.
C. Labor is assumed to be immobile only between countries
D. The model assumes equal returns to labor in the two sectors
E. Labor productivity in an industry is equal for the trading partners.
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