Multiple Choice
If Australia has more land per worker,and Belgium has more capital per worker,then if trade began between these two countries
A) the real income of capital owners in Australia would increase.
B) the real income of labor in both countries would decline.
C) the real income of labor in Belgium would decline.
D) the real income of labor in Australia would decline.
E) the real income of landowners in Belgium would decline.
Correct Answer:
Verified
Correct Answer:
Verified
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