What effect factors have on export trade
If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors, by themselves, have on export trade, and why?
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Germany decline and other producer prices remain unchanged, what effect should these factors, by themselves, have on export trade, and why?
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Assuming that the current production rates are maintained at the three assembly plants, which alternative should management select?
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