Multiple Choice
International trade tends to:
A) have no effect on factor prices.
B) cause all factor prices to fall.
C) cause the price of the scarce factor to rise and the price of the abundant factor to fall.
D) cause the price of the scarce factor to fall and the price of the abundant factor to rise.
E) not influence factor prices.
Correct Answer:
Verified
Correct Answer:
Verified
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