32 pg 7072 4 effects of trade ie a relative change

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Unformatted text preview: on (Ch. 3.1, pg. 66 ­70) 3. Allocation of Labor and Equilibrium wages (Ch. 3.2, pg. 70 ­72) 4. Effects of Trade (i.e., a relative change in goods’ prices) on Factor Prices: Change in real wages (Ch. 3.2, pg. 72 ­79) Change in real rental rate for capital and for land (Ch. 3.2, pg. 79 ­83) General Rule for changes in factor prices in the specific factors model (Ch. 3.3, pg. 85 ­86) 5. Effects of Other Forms of G...
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