Question
True/False/Uncertain. Evaluate each statement separately. Please note that points are given for explanations only. (i) Every year, the equivalent of about 1% of the Canadian
True/False/Uncertain. Evaluate each statement separately. Please note that points are given for explanations only.
(i) Every year, the equivalent of about 1% of the Canadian population arrives as landed immigrants. Although some of them take time to find a job, most do which is great because it means that the production of all products and services increases as a result of this immigration.
(ii) An increase in the terms of trade of a country decreases the overall well-being of that country.
(iii) If the US limit imports of manufacturing products from China, the scarce factor in China will benefit and the abundant factor will be hurt by the US trade policy
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