The law of demand ensures that a demand curve has a positive slope

In the specificfactors model, suppose that a country has a comparative advantage in manufacturing output. Will workers be better or worse off following the opening of trade with other countries?

a. Workers will be better off because the nominal wage increases. b. Workers will be better off because both nominal and real wages increase. c. Workers may be better off or worse off because the real wage in terms of the agricultural good rises and the real wage in terms of the manufactured good falls. d. Workers may be better off or worse off because the real wage in terms of the agricultural good falls and the real wage in terms of the manufactured good rises.

In 2005, which union organization was formed out of the AFL-CIO membership?

A) National Brotherhood of Teamsters B) Service Employees International Union C) American Federation of Workers D) Change to Win