{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

The_Heckscher-Ohlin_Model__Lesson_27_

The_Heckscher-Ohlin_Model__Lesson_27_ - The Trade-Wages...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Lesson 27 1 The Trade-Wages Debate During the 1980s, “the rich got richer while the poor got poorer” Two competing explanations: trade versus technology Lesson 27 2 Real Hourly Wages (1993 Dollars) H.S. Dropout H.S. Grad Some College College Grad 1979 1989 College + 2 or more yrs 10.06 11.23 12.24 15.52 18.80 8.44 10.21 11.82 15.90 20.36 Pct Change -16.1 -9.1 -3.5 2.4 8.3 Lesson 27 3 0 100 200 300 400 500 600 1970 1975 1980 1985 1990 Imports Billions Of $ 212 477
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon