In free trade between two countries in an H-O world: | Faculties

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Gopal Sharma

🎓 Tutor III ⭐ 38.32K Points

📊 International Economics

Q. In free trade between two countries in an H-O world:

(A) If both countries produce both goods, wages in the two countries will be the
(B) same.
(C) If one country does not produce both goods, wages in the two countries will be the same
(D) The world relative price is between the two-self-sufficiency relative Prices but the relative Price of a good would not be exactly the same in both countries

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✅ Correct Answer: (A) If both countries produce both goods, wages in the two countries will be the

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