Based on Table 4.1, according to the Stolper-Samuelson Theorem, the income distribution effects of free trade in the United States are likely to favor
A) capital.
B) labor.
C) either capital or labor, depending on U.S. productivity.
D) neither capital nor labor.
B
Economics
You might also like to view...
Amy can study for an hour or spend that hour sleeping or going out for dinner. If she decides to study for the hour, the opportunity cost of the hour spent studying is
A) sleeping or going out for dinner, whichever she would have preferred the most. B) definitely going to slee
Economics
Which of the following did NOT play a role in keeping Greece from defaulting between 2010 and 2012?
A) International Monetary Fund B) United Nations C) European Union D) European Central Bank
Economics