As a result of the North American Free Trade Agreement (NAFTA), trade restrictions between the United States and Mexico were eased and cross-border trade increased. According to Stolper-Samuelson theorem, which of the following groups of people most likely gain from NAFTA? 1) Highly skilled people in Mexico 2) Unskilled people in U.S. 3) Capital owners in Mexico 4) Unskilled people in Mexico

As a result of the North American Free Trade Agreement (NAFTA), trade restrictions between the United States and Mexico were eased and cross-border trade increased. According to Stolper-Samuelson theorem, which of the following groups of people most likely gain from NAFTA? 1) Highly skilled people in Mexico 2) Unskilled people in U.S. 3) Capital owners in Mexico 4) Unskilled people in Mexico

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter18: International Trade And Comparative Advantage

Section: Chapter Questions

Problem 2TY

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