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Q. |
In free trade between two countries in an H-O world: |
A. | If both countries produce both goods, wages in the two countries will be the |
B. | same. |
C. | If one country does not produce both goods, wages in the two countries will be the same |
D. | The world relative price is between the two-self-sufficiency relative Prices but the relative Price of a good would not be exactly the same in both countries |
Answer» A. If both countries produce both goods, wages in the two countries will be the |
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