Q149
Assertion (A): Free international trade necessarily lowers the real wage of the scarce factor of production in terms of any good. Reason (R): If the real wage declines in terms of every good, real income must suffer regardless of the tastes and expenditure patterns of the labourer as consumers.
A.
Both A and R are true and R is the correct explanation of A
AnswerB.
Both A and Rare true but R is NOT a correct explanation of A
C.
A is true but R is false
D.
A is false but R is true
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board