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Answer:
lower real wage rates
Explanation:
The answer is --
"lower real wage rates".
At least two or more countries involved in free trade agreement where the quality of the trade relation between the countries are improved. There is mutual cooperation between the two countries to lower the trade barriers reduce the tariffs and trade quotas, etc.
Free trade means more growth and rise in economy but it affects the wage rates. There are more skilled labors in the rich country compared to a poor country. Therefore the free trade will increase the wages of the skilled labor whereas it will decrease the wages of the unskilled labor. This theory is given by Stolper-Samuelson.
Therefore in the context, the rich country A importing goods at lower price will not offset the claim of lower the wages rates in the country.
Hence the answer is --
"lower real wage rates".
Answer:
ego differentiation versus work role preoccupation
Explanation:
Robert Peck's theory of the ego differentiation versus role occupation explains how older people redefine the worth of their life by engaging themselves in something other than their work role. The old people recognizing that their health is in the declining phase and they tend to feel good by contributing their part for social welfare programs. As per the question, Steve who is old and engage himself in volunteering work reflects the example of ego differentiation versus work role preoccupation.
The answer is B. It's capitalism. It's an economic system wherein the government of a country has no control over business. The one who has control over the country's trade and industry are the private business owners. Capitalism is also known as "free market economy"
Answer:
highest elevation in the world is Mount Everest. Highest in continental US is Denali. Highest in the U.S. is also Denali.
Lowest elevation in the world is the dead sea
Explanation:
