If There Are Large Disparities in Wage Levels Between Countries,then

question 20

Multiple Choice

If there are large disparities in wage levels between countries,then

• A)trade is likely to be harmful to the country with the high wages.
• B)trade is likely to have no effect on either country.
• C)trade is likely to be harmful to both countries.
• D)trade is likely to be harmful to the country with the low wages.
• E)trade is likely to be harmful to neither country.

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Definitions:

Dry Bulk Pressure Hopper

A container designed for transporting dry bulk materials, utilizing pressurized air to aid in the unloading process.

Variance

A statistical measure of the dispersion of data points in a data set, indicating how far each data point lies from the mean.

Financial Asset

Any asset that is cash, an equity instrument of another entity, or a contractual right to receive cash or another financial asset.