Economic situattion, International Economics

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what is the current economic situation in the world?

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#Tariff quota, Ask question #Effects of Tariff quota#

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The wage rate, Q. Suppose the relative price of good 1 falls relative to th...

Q. Suppose the relative price of good 1 falls relative to the price of.  What happens to the wage rate? Answer: The labour component of the price of 1 is bigger than that of p

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