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If India Has a Comparative Advantage in Producing Low-Skilled, Labor-Intensive

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If India has a comparative advantage in producing low-skilled, labor-intensive goods, what should happen to Indian low-skilled workers' wages as trade barriers against Indian imports fall across the world? What should happen to returns to capital in India?

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Answered by ExamLex AI

Answered by ExamLex AI

As trade barriers against Indian imports...

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