The Factor-Price-Equalization Theorem Tells Us That Free Trade Between Two

question 19

Multiple Choice

The factor-price-equalization theorem tells us that free trade between two countries should result in:

• A)all workers in the two countries earning the same wage rate.
• B)all workers in the two countries having the same skill level.
• C)all workers of the same skill level earning the same wage rate in the two countries.
• D)all input prices being equal within each country.

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Definitions:

Emotionally Healthy

Refers to a state of well-being where an individual recognizes their own abilities, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make contributions to their community.

Anima

In Jungian psychology, the unconscious feminine side of a man's personality.

Animus

In Jungian psychology, animus refers to the unconscious masculine side of a woman.

Psychologists' Reaction

Refers to the response or feedback of psychologists towards a particular phenomena, study result, or psychological concept based on their professional expertise.