Business, 07.11.2019 06:31 eeeeee7891
Westland and oceania have just started to trade with each other. westland exports goods produced with skilled labor and imports goods made with unskilled labor from oceania. over time, we would expect that in oceania the wages of unskilled workers will:
a. rise, and the wages of skilled labor in westland will fall.
b. fall, and the wages of skilled labor in westland will fall.
c. rise, and the wages of skilled labor in westland will rise.
d. fall, and the wages of skilled labor in westland will fall.
Answers: 1
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