Let us consider the following version of the Heckscher-Ohlin model with two countries H and F, two goods X and Y and two production factors Skilled and Unskilled labour. The assumptions regarding the properties of the technologies involved are the same that those seen in class. We assume that the production of good X is intensive in the use of skilled labour while the production of good Y is intensive in the use of unskilled labour. If the relative price of good X increases according to the Stolper-Samuelson theorem. O A. Unskilled workers' real remuneration improve and skilled workers' real remuneration worsens. O B. Skilled workers' real remuneration improve while unskilled workers' real remuneration worsens. O. Skilled workers' real remuneration improves but we cannot detemine what happens with the real remuneration of unskilled workers. O D. Unskilled workers' real remuneration improves but we cannot determine what happens with the real remuneration of skilled workers.

Let us consider the following version of the Heckscher-Ohlin model with two countries H and F, two goods X and Y and two production factors Skilled and Unskilled labour. The assumptions regarding the properties of the technologies involved are the same that those seen in class. We assume that the production of good X is intensive in the use of skilled labour while the production of good Y is intensive in the use of unskilled labour. If the relative price of good X increases according to the Stolper-Samuelson theorem. O A. Unskilled workers' real remuneration improve and skilled workers' real remuneration worsens. O B. Skilled workers' real remuneration improve while unskilled workers' real remuneration worsens. O. Skilled workers' real remuneration improves but we cannot detemine what happens with the real remuneration of unskilled workers. O D. Unskilled workers' real remuneration improves but we cannot determine what happens with the real remuneration of skilled workers.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: did you get 0.2Y?

A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

Q: g softw

A: Resume screening software helps in recruitment and acquisition departments of talent lead to…

Q: What’s a debit?

A: The word debit is derived from an Italian word Debito. A debit is a record regarding money when…

Q: How to save towards purchasing a home

A: Savings are amount of money that remain after subtracting a person's consumer spending from their…

Q: The issues of having a positive notation on your CORI or SORI and how it might impact a career in…

A: CORI(Criminal offender record information) or SORI(Sexual offender record information), are the…

Q: the quantity of a good or service which consumers want and have the ability to purchase

A: Quantity- It is the number or amount of goods or services.

Q: Answer the questions a through f

A: As per company policy we are only supposed to answer one question up-to 3 subsets in one session, so…

Q: Tutorial

A: Hi, thank you for the question. As per our Honor code, we are allowed to attempt only first…

Q: What is TARP?

A: The term TAPR stands for Troubled Asset Relief Program.

Q: What are some common examples of expenses?

A: To generate revenue, the business organizes many activities. The cost of doing these activities are…

Q: i need help with all of them

A: The government uses price controls to exert direct influence over market prices. It has an impact on…

Q: how do you calculate customer's life time value?

A: In this world of tough competition customers are acquired and lost over the firm’s lifetime, but a…

Q: how do you write an audit of how you nonverbally communicate?

A: Title: Audit of Nonverbal Communication SkillsIntroduction:This audit aims to evaluate and assess…

Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: hello is there a way to get help on the chart please

A: Introduction We have given market demand and supply equation. Market demand: P = 10 - Q Market…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: I cannot understand anything written on this paper, would you please be able to type it?

A: This graph is actually showing the relationship between real exchange rate and nominal exchange rate…

Question

Please answer fast

Let us consider the following version of the Heckscher-Ohlin model with two countries H and F, two goods X
and Y and two production factors Skilled and Unskilled labour. The assumptions regarding the properties of the
technologies involved are the same that those seen in class. We assume that the production of good X is
intensive in the use of skilled labour while the production of good Y is intensive in the use of unskilled labour. If
the relative price of good X increases according to the Stolper-Samuelson theorem.
O A. Unskilled workers' real remuneration improve and skilled workers' real remuneration worsens.
OB. Skilled workers' real remuneration improve while unskilled workers' real remuneration worsens.
C. Skilled workers' real remuneration improves but we cannot determine what happens with the real
remuneration of unskilled workers.
O D. Unskilled workers' real remuneration improves but we cannot determine what happens with the real
remuneration of skilled workers.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Could you answer parts D-F please?
Where does Mark Dean call home?
I need help with this
Fill in blank
Trying to figure out?
When seeking employment, your photo on your social media sites should be
Answer parts d and e
Inflation at lowest rate in 5 years Inflation rate (percent per year) In September, inflation in the United Kingdom fell to 1.1% a year, its lowest in 5 years. Analysts expected an inflation rate of 1.3% a year. 1.7- Source: The New York Times, October 13, 2009 With the unemployment rate at 8 percent and the natural unemployment rate at 6 percent, sketch the short-run Phillips curve and mark on your graph the point which shows the situation in September. Label the point A. 1.5- 1.3- The unemployment rate is 8 percent and the natural unemployment rate is 6 percent. 1.1- Draw a point that shows the unemployment rate and the inflation rate in September. Label it A. Draw a point that shows the natural unemployment rate and the expected inflation 0.9 rate. Label it B. 10 12 Unemployment rate (percent of labor force) Draw the short-run Phillips curve that is consistent with these data. Label it. >>> Draw only the objects specified in the question. Selected: Delete Clear none Next
Select 6 online companies you are familiar with and visit their Web sites. How many of them have privacy policies posted on their sites? What are these policies?
Number 34