A Country That Is Relatively Labor-Abundant and Relatively Land-Scarce Opens

question 246

Multiple Choice

A country that is relatively labor-abundant and relatively land-scarce opens to international trade.As a result,it finds that wages _____ and rents _____.

• A)increase;decrease
• B)decrease;decrease
• C)decrease;increase
• D)increase;increase

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Definitions:

Explanations

Statements or accounts that make a subject clear and understandable.

State and Federal Law

Legal frameworks governing a nation, where state laws apply within individual states and federal laws apply across the entire nation.

Supreme Court

The highest court in a country or state, which has the ultimate authority to adjudicate in legal disputes and interpret the constitution.

Arizona's Immigration Law

Refers to legislation such as SB 1070, enacted by the state of Arizona, aimed at identifying, prosecuting, and deporting undocumented immigrants.