Business Studies, asked by sethulakshmi493, 5 hours ago

Equality of price in foreign trade

Answers

Answered by brinlyqueen
0

Simply stated the theorem says that when the prices of the output goods are equalized between countries as they move to free trade, then the prices of the input factors (capital and labor) will also be equalized between countries.

Answered by anviinikam
0

Explanation:

Simply stated the theorem says that when the prices of the output goods are equalized between countries as they move to free trade, then the prices of the input factors (capital and labor) will also be equalized between countries.

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