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Question 4. There are two countries the US, and China. There are one hundred workers in each country. Below I give the number of workers

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Question 4. There are two countries the US, and China. There are one hundred workers in each country. Below I give the number of workers required to produce one unit of tradablesontradables for each country: Tradables Nontradables The US 1 4 China 8 8 a. What is the wage rate in the U.S? b. What is the wage rate in China? C. What is the price of nontradables in the US? d. What is the price of nontradables in China? Question 4. There are two countries the US, and China. There are one hundred workers in each country. Below I give the number of workers required to produce one unit of tradablesontradables for each country: Tradables Nontradables The US 1 4 China 8 8 a. What is the wage rate in the U.S? b. What is the wage rate in China? C. What is the price of nontradables in the US? d. What is the price of nontradables in China

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