The Stolper­Samuelson Theorem Suggests That, Over Time

question 121

Multiple Choice

The Stolper­Samuelson theorem suggests that, over time,
Free international trade should lead to:

• A)equalization of real wages across the world.
• B)greater divergences in real wages across the world.
• C)equalization of prices across the world.
• D)greater divergences in prices across the world.

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Definitions:

Outcome Goals

Objectives centered on achieving a specific end result, typically involving performance standards or benchmarks.

Organisational Development

A specialized field aiming to boost the knowledge and effectiveness of individuals in achieving significant organizational change and performance improvements, by means of research, theory, and hands-on practice.

Human Resource

The department within an organization that deals with recruitment, management, and guiding the people who work in it, focusing on policies and systems.

Organisational Development

An area focused on enhancing the understanding and capabilities of people for better organizational change and performance, through research, theory, and practice.