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International Trade: Openness, Industry Pay Inequality, Stolper Samuelson Theorem

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Added on  2023-06-06

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This article discusses the correlation between openness and industry pay inequality, Stolper Samuelson theorem, and their relation to international trade. It includes data from Singapore and the United States.

International Trade: Openness, Industry Pay Inequality, Stolper Samuelson Theorem

   Added on 2023-06-06

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Running Head: INTERNATIONAL TRADE
International Trade
Name of the Student
Name of the University
Course ID
International Trade: Openness, Industry Pay Inequality, Stolper Samuelson Theorem_1
1INTERNATIONAL TRADE
Table of Contents
Question 1........................................................................................................................................2
Question 2........................................................................................................................................3
Correlation between openness and industry pay inequality........................................................3
Question 3........................................................................................................................................3
Stolper Samuelson theorem.........................................................................................................3
References list..................................................................................................................................5
International Trade: Openness, Industry Pay Inequality, Stolper Samuelson Theorem_2
2INTERNATIONAL TRADE
Question 1
250.00 270.00 290.00 310.00 330.00 350.00 370.00 390.00 410.00 430.00 450.00
0.0200
0.0250
0.0300
0.0350
0.0400
0.0450
Openess versus Industry Pay Inequality
Trade(%) of GDP
Industry pay inequality
Figure 1: Openness versus industry pay inequality in Singapore
15.00 17.00 19.00 21.00 23.00 25.00 27.00
0.015
0.020
0.025
0.030
0.035
0.040
Openness versus Industry pay inequality
Trade (%) of GDP
Industry pay inequality
Figure 2: Openness versus industry pay inequality in United State
International Trade: Openness, Industry Pay Inequality, Stolper Samuelson Theorem_3

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