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Suppose that, with trade, the price of shirts (which are labour-intensive) increases by 8%. Then which of the following can you say for sure about
Suppose that, with trade, the price of shirts (which are labour-intensive) increases by 8%. Then which of the following can you say for sure about returns to labour and capital in the country in the long run? O Wages will rise by more than 8%. O Rental rates will rise by more than 8%. O Rental rates will fall by at least 8%. O Wages will rise by no more than 8%
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