If There Is Diminishing Marginal Productivity of Labor in Production

question 13

Multiple Choice

If there is diminishing marginal productivity of labor in production (with other inputs held constant) , an outmigration of labor from low-wage country A to higher-wage country B will lead, other things equal and if trade is taking place in accordance with the Heckscher-Ohlin analysis, to __________ production effect in the capital-abundant country.

• A) an ultra-antitrade
• B) an antitrade
• C) a neutral
• D) an ultra-protrade

---

Definitions:

Labour-management Co-operation

Collaborative efforts between employees, represented by their unions, and employers to improve working conditions, productivity, and mutual interests.

Joint Study Committees

Collaborative groups formed by representatives from different parties, often within a workplace, to investigate and provide insights or solutions on specific issues or projects.

Training Programs

Structured courses or modules designed to enhance the skills, knowledge, and competencies of employees or individuals.

Sincere Concern

Genuine care and consideration shown towards the feelings, circumstances, or well-being of others.