Multiple Choice
If unskilled labor is relatively plentiful and cheap in many foreign countries, then as the United States expands its trade with these foreign countries, the domestic demand for
A) unskilled labor will rise and skilled labor will fall.
B) skilled labor will rise and unskilled labor will fall.
C) both skilled and unskilled labor will rise proportionately.
D) both skilled and unskilled labor will be unaffected, assuming no barriers to free trade.
Correct Answer:

Verified
Correct Answer:
Verified
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