Solution-Features of the global economy

Features of the global economy

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One of the key features of the global economy is that wages of skilled workers have risen relative to unskilled workers in both industrialised and developing economies. Explain why and how this empirical phenomenon is better explained by the Foreign Outsourcing model than by the Heckscher-Ohlin model

Reference no: EM13903533

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Features of the global economy : One of the key features of the global economy is that wages of skilled workers have risen relative to unskilled workers in both industrialised and developing economies.

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Features of the global economy

Reference no: EM13903533

Reference no: EM13903533

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