The redistribution of the world’s labor force:Leads to a convergence of real wage ratesIncreases the world’s output as a wholeLeaves some groups worse offExtending the AnalysisModifying the model by adding some complications:Suppose the countries produce two goods, one labor- intensive and one land-intensive.Trade offers an alternative to factor mobility: Home can export labor and import land by exporting the labor-intensive good and importing the land-intensive good.
đang được dịch, vui lòng đợi..
![](//viimg.ilovetranslation.com/pic/loading_3.gif?v=b9814dd30c1d7c59_8619)