Nafta
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Title: Nafta

Essay Details:

Subject: Business
Author: Robert P
Date: May 4, 2013
Level: University
Grade: B
Length: 2 / 463

Essay text:

The supply of economics teachers in the US and Canada would increase, thereby slightly decreasing the wages. Mexico's supply of economics teachers would drop, so the wages for economics teachers would slightly increase. Equilibrium wages for economics teachers will remain about the same, and employment will be high. For carpenters, again, I think the wages in the north would be higher. Because carpentry does not involve extensive education and focuses on the talent and skill of carpenters, workers would be able to easily move to another country. If all of the carpenters in Mexico decide to "run for the border," the supply of carpenters in the US and Canada will drastically increase...

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