Examlex

Solved

According to the Stolper-Samuelson Theorem, Workers Gain from Opening of Free

question 5

True/False

According to the Stolper-Samuelson theorem, workers gain from opening of free trade only in the long-run, and not in the short-run, because wages are sticky in the short run.


Definitions:

Extinction

The process by which a species, breed, or family of organisms becomes permanently incapable of reproducing and therefore dies out.

Employee Behavior

Refers to the actions and conduct of individuals in a workplace environment.

Decrease

A reduction in size, number, quantity, or extent of something.

Reinforce

To strengthen a behavior or response through rewards or positive outcomes, increasing the likelihood of its recurrence.

Related Questions