Comparative Advantage and Wages
{"Image DocumentName": "Comparative Advantage and Wages", "Image ImageDescription": "Wages are included in the model. Example: Wage rate = Consumption/number of workers. Suppose Pshirt =  100 and Pcomputer =  300. Conclusion: With trade, wages are higher for both countries! Mexico. United States. Total Labor. 24 units. Wage Rate Without Trade. Wage Rate With Trade.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}