What does the Stolper-Samuelson theorem predict about the winners and losers from trade in advanced industrial economies?

a. Everyone wins.
b. Everyone loses.
c. Workers win; owners lose.
d. Landowners win; everyone else loses.
e. The owners of capital win; the workers lose.

Answer: e

Political Science

You might also like to view...

From Figure 6.1, Representing the Will of the People, the __________ model of representation holds that legislators should feel free to follow their own judgments on matters in which the public remains silent

a. delegate b. politico c. republican d. trustee

Political Science

The United States

a. recently joined the International Criminal Court (ICC). b. has not joined the ICC. c. helped to found the ICC. d. opposes the ICC.

Political Science