Evaluate the economic basis for the given statement


Problem

1. "Russian wages are so low that European producers will require additional protection to maintain current wages and generous welfare state benefits." Evaluate the economic basis for this statement.

2. If West Virginia became a separate nation, would it be better able to solve its economic problems (high unemployment, depressed industries, etc.) through tariffs? Discuss, using economic analysis.

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.

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Microeconomics: Evaluate the economic basis for the given statement
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