Which of the following is explained well by the Stolper-Samuelson theorem?
A) Farmers in land-poor France tend to favor liberal trade policies.
B) Farmers in land-rich Argentina tend to favor liberal trade policies.
C) Workers in the scarce-labor United States tend to oppose protectionist trade policies.
D) Workers in labor-rich Bangladesh tend to favor protectionist trade policies.
E) Owners of capital in capital-poor Thailand favor liberal trade policies.
Correct Answer:
Verified
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