Is the Stolper-Samuelson Theorem Still Operational?

Abstract: A 7 page paper discussing unexpected wage movements in international trade. International trade theory says that as international trade increases, the wages of the unskilled labor of developing countries will rise, and to the detriment of the wages of skilled labor in rich countries. Not only has this not been the case in many instances, there are developing nations in which the pattern also has not held. The purpose here is to discuss the applicability of the Stolper-Samuelson Theorem to determine its continued usefulness. Bibliography lists 4 sources.

Filename: KSeconStolpSam.rtf

Pages: 7


Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance


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