In the 2-factor, 2 good Heckscher-Ohlin model, a change from autarky (no trade) to trade A. will tend to make rents equal to interest rates B. will tend to make the wages in both countries less similar C. will tend to make the wages in both countries more similar D. will tend to make the wages equal to returns to capital

In the 2-factor, 2 good Heckscher-Ohlin model, a change from autarky (no trade) to trade A. will tend to make rents equal to interest rates B. will tend to make the wages in both countries less similar C. will tend to make the wages in both countries more similar D. will tend to make the wages equal to returns to capital

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 4AA

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