Multiple Choice
Nemedia and Aquilonia have just started to trade with each other.Nemedia exports goods produced with skilled labour and imports goods made with unskilled labour from Aquilonia.Over time,what would we expect will happen to the wages of skilled and unskilled labour in Nemedia
A) The wages of skilled labour in Nemedia will rise, and the wages of unskilled labour in Nemedia will fall.
B) The wages of skilled labour in Nemedia will fall, and the wages of unskilled labour in Nemedia will rise.
C) The wages of skilled labour in Nemedia will rise, and the wages of unskilled labour in Nemedia will rise.
D) The wages of skilled labour in Nemedia will fall, and the wages of unskilled labour in Nemedia will fall.
Correct Answer:
Verified
Correct Answer:
Verified
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