If export prices increase, what can we expect the wages in the export sector to do?
A) increase
B) decrease
C) stay the same
D) The answer cannot be determined from the information provided.

Question

Quizplus · Accepted Answer

If export prices increase, the revenue of the export sector will increase, allowing them to pay higher wages to their employees. Therefore, we can expect the wages in the export sector to increase.

If Export Prices Increase, What Can We Expect the Wages