Suppose that a is a small open economy that takes world, Ask an Expert

Economics

Suppose that A is a small open economy that takes world prices as given. What would be the effect on wages and rents in A if it were to experience an inflow of foreign capital Use a diagram to explain your answer. Which groups would favor this capital inflow? Which would oppose it? Explain

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9677411

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