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:
Europeans were barred from trading with Asian countries until they agreed to pay Middle Eastern “toll” fees for using their land passages.
Explanation:
Answer:
i think its B, b ut wait till more people answer it so you can know if im right
Explanation:
The correct answer is a speedy and public trial.
The 6th amendment guarantees a public and speedy trail for citizens accused of crimes. It also guarantees that the citizen will have the ability to have their case heard in front of an impartial jury. This means that a group of citizens, with no ties to the individual in question, will hear the evidence from both the prosecutor and defense lawyer in order to determine whether the person is innocent or guilty.
Natural monopolies and the reason to exist in the free market system
Explanation:
In a natural monopoly when a market can supply goods or the cost of the goods can be lowered in competition with the potential competitor then it is called as natural monopoly. In a market when the first supplier of the product is demanding more cost or raises the costs of the product then it eventually rises to natural monopoly.
Here the products are given at a lower rate than the capital supplier. They are available in free market because people always tend to go for lower prices and for a good quality product.
