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ture or false, give support idea with 2 or 3 sentences Ashenfelter and Jurajda (2001) calculated the McWagei.e. the real wage defined in terms of
ture or false, give support idea with 2 or 3 sentences
Ashenfelter and Jurajda (2001) calculated the "McWage"i.e. the real wage defined in terms of Big Mac consumption possibilitiesfor 27 countries in 2000 and found that the McWage in Canada (2.4 Big Macs) was four times larger than the McWage in Argentina (0.6 Big Macs). This evidence lends support to the Hecksher-Ohlin model.
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