The productivity of labor is usually a function of at least three factors: available technology, the amount of capital available to use, and the human capital (skills) of the workforce. Compare the likely real wages in the following pairs of countries, assuming that all other things are identical, and draw a graph to support your answer.
a. Country A is more technologically advanced than Country B.
b. Country C has a larger labor force than Country D.
c. Country E has more skilled workers than Country F.