Factor Movements in International Trade Models
Автор: Scott W. Hegerty
Загружено: 2021-02-11
Просмотров: 963
Increases in capital and labor can be shown in the Specific-Factors Model; wages increase and decrease as a result. A simple Supply and Demand Model can also be drawn for immigration; a quota on migrants can result in efficiency losses as well as transfers of welfare.
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