If export prices are higher than the import prices, what can we expect
The wages in the export sector to do?
A)increase
B)decrease
C)stay the same
D)The answer cannot be determined from the information provided.

Question

Quizplus · Accepted Answer

If export prices are higher than import prices, it indicates that there is a high demand for the exports in the international market. This in turn increases the revenue of the companies in the export sector, allowing them to pay higher wages. Therefore, we can expect the wages in the export sector to increase.

If Export Prices Are Higher Than the Import Prices, What