Economics 1st Edition by Dean Karlan,Jonathan Morduch

تمرين 25

Suppose a country where capital is scarce and most of industry is labor-intensive with lowskilled labor moves from autarky to free trade. Which of the following do you expect to happen? Check all that apply.
a. Owners of capital become wealthier.
b. Wages for labor increase.
c. Income disparity between workers and owners of capital increases.