Human capital refers to the accumulated skills and training that workers possess

How would you characterize the types of goods that are traded internationally?

What will be an ideal response?

The term compensating wage differential refers to:

a. the bargaining capacity of a monoposonist in the labor market. b. the wage differences that arise from differences in the risk involved in different jobs. c. the criteria on which a firm offers a 401K plan to all its employees or just some employees. d. the wage differences that arise from difference in productivity of the workers in a firm. e. the negotiating power of the trade union.