namolloh2 namolloh2

15-12-2021
Business

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How does low unemployment affect international trade?

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savannamp savannamp

15-12-2021

Answer:

Impact of international trade on unemployment

In a relatively skill-abundant country, international trade increases the relative price of the skill-intensive products. This reduces the unemployment rate of skilled workers and increases the unemployment rate of unskilled workers.

Explanation:

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