In the long run, foreign labor remains cheap when and if
A)it becomes highly efficient and competes successfully internationally.
B)countries erect barriers to trade between poor countries.
C)productivity increases more rapidly in poor countries than in rich countries.
D)it remains inefficient compared to other countries' labor.

Question

Quizplus · Accepted Answer

The Answer of In the long run, foreign labor remains cheap when and if
A)it becomes highly efficient and competes successfully internationally.
B)countries erect barriers to trade between poor countries.
C)productivity increases more rapidly in poor countries than in rich countries.
D)it remains inefficient compared to other countries' labor.

In the Long Run, Foreign Labor Remains Cheap When and If