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Question 29 (8 points) Trade tends to promote international and domestic equality by equalizing factor prices and raising real incomes of trading countries; particularly; relative

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Question 29 (8 points) Trade tends to promote international and domestic equality by equalizing factor prices and raising real incomes of trading countries; particularly; relative wages in labor-abundant countries increases while relative wages in labor-scarce countries decreases as a result of trade. Evaluate the underlined sentence. Do you agree or disagree with this statement? You cannot choose both agree and disagree. Type if you agree or disagree first, then shortly explain your reasoning with a paragraph in the context of the textbook of this course

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