In a closed economy a labor abundant country such as Indonesia would have low wages relative to capital rents and be a low opportunity cost producer of labor-intensive goods. A framework such as the HOS model predicts that as Indonesia opens to trade the REAL wages of laborers in that country should increase. Briefly, but as clearly as possible, explain in words the causal mechanisms that explain this result. Say the A sector is labor-intensive. Then the question is, when Pa/Pb rises, what happens next to explain the prediction. You can use bullet points (- or *), arrows ('-->' ) and brief phrases to keep your answer short but clear.

Which of the following is the least risky? collectables stock savings bond savings account

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.