Question 33 (3 points) According to the Stolper-Samuelson theorem, in the short-

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Question 33 (3 points) According to the Stolper-Samuelson theorem, in the short-run, following the opening of trade Workers can change jobs but will receive the same wage. Workers will suffer from lower wages but land owners will benefit from higher rents. All groups tied to declining sectors of the economy will suffer from lower returns. Output remains constant. Save Question 34 (3 points)B The Stolper-Samuelson theorem would predict that trade between the United States, a capital-abundant country, and Mexico, a labor-abundant country, should lead to: Higher wages in both countries. Lower wages in both countries. Higher wages in Mexico. Lower wages in Mexico.

Explanation / Answer

33. Option C is correct answer

All groups tied to declining sectors of economy will suffer from lower returns

34. Option C is correct answer

Higher wages in Mexico

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