In the Krugman Model, When a Country Is Opened to International

question 14

Multiple Choice

In the Krugman model, when a country is opened to international trade, the total output of each firm __________ and the real wage of workers in the country __________.

• A) increases; decreases
• B) increases; also increases
• C) decreases; also decreases
• D) decreases; increases

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Definitions:

E-Body Language

This term refers to non-verbal cues and signals people use when communicating electronically, such as through email or social media, including the use of emojis, punctuation, and capitalization to convey mood or emphasis.

Correspondence

The act of communicating by writing or email, typically involving an exchange of letters or messages.

Communication Openness

The degree to which communication in an organization is freely and effectively exchanged across different levels, encouraging transparency and collaboration.

Interpersonal Communication

The exchange of information, feelings, and meanings between two or more people through verbal and non-verbal methods.