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In the "specific-factors" model where capital in each sector is fixed but labor can move Freely between the two sectors, the opening of the country to trade will increase the real Return to capital in the __________ sector and will increase the real wage of a worker Who __________.
Canada
A country located in the northern part of North America, known for its vast landscapes, multicultural population, and bilingual French and English heritage.
Quiet Revolution
A period of intense socio-political and cultural change in Quebec during the 1960s, characterized by secularization and the modernization of society and government.
Secularization
The process by which religious institutions, practices, and beliefs lose their social significance.
Split Labour Market Theory
An economic theory suggesting that workers are divided into different classes based on factors like race, ethnicity, gender, and immigration status, leading to conflict and inequality in the labor market.
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