Problem
1. Unit labor costs in Germany approach $30 per hour, whereas in Britain unit labor costs are only $17 per hour. Why would such a large difference persist between two members of the EU free trade area?
2. 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?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.