When rising wages increase prices of ________ goods, this causes a(n) ________ in the real exchange rate; this is referred to as the ________ effect.
A) nontraded; depreciation; Stolper-Samuelson
B) nontraded; appreciation; Balassa-Samuelson
C) intermediate; depreciation; cost-push
D) all; appreciation; demand-pull
E) traded; depreciation; arbitrage
Correct Answer:
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