Would You Benefit in the Short Run? Suppose a country is about to open its markets for trade. You work in an industry that has a comparative disadvantage. Would you be helped or hurt in the short run?...


Would You Benefit in the Short Run? Suppose a country is about to open its markets for trade. You work in an industry that has a comparative disadvantage. Would you be helped or hurt in the short run? What about your long-run prospects as a worker and consumer?



May 09, 2022
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