This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: ______________________. 5. What is a major downside of using increased trade protection to preserve the wages of unskilled workers? 6. Jagdish Bhagwati argues that trade is not responsible for lowering the wages of unskilled workers due to what missing link? Adrian Wood argues that import competition could lower wages of unskilled workers by encouraging the introduction of __________________________. 7. What observation about gross domestic products (GDP) suggests that opening up trade with poor countries is likely to have little effect on wages in rich countries? 8. What other forces could increase wage inequality?...
View Full Document
- Fall '06