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QUESTION 5 The Stolper-Samuelson theorem would suggest that as a result of trade between the North and the South, relative to capital O a. Labor
QUESTION 5 The Stolper-Samuelson theorem would suggest that as a result of trade between the North and the South, relative to capital O a. Labor would gain. O b, Labor would lose. O'c Labor would be able to migrate between North and South. Old. The North-South trade has no impact on labor wages. QUESTION 6 According to both Heckscher-Ohlin and Stolper-Samuelson models, when a country exports a good, a.Owners of the factor which is used intensively in the production of that good gain, Ob. Owners of the factor which is used intensively in the production of that good lose. O c Owners of the factor which is used intensively in the production of competing goods lose. O'd.Owners of importing goods lose. QUESTION ? In the contest of comparative advantage model, factor intensity is associated with O's only sectors. b. markets and sectors. O'c countries, and regions, O d. products and sectors
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