It Is Argued That If a Rich High Wage Country

question 23

Essay

It is argued that if a rich high wage country such as the United States were to expand trade with a relatively poor and low wage country such as Mexico, then U.S. industry would migrate south, and U.S. wages would fall to the level of Mexico's. What do you think about this argument?

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Definitions:

Linear Inequality

A mathematical expression involving a linear equation that uses inequality signs (like <, >, ≤, ≥) instead of an equal sign.

Linear Inequality

An inequality which involves a linear function and includes relations like greater than, less than, or equal to.

Graphing Calculator

A handheld electronic device capable of plotting graphs, solving equations, and performing other mathematical computations.

Linear Inequality

An inequality that involves a linear function, representing a range of possible values that satisfy the inequality.