01718cas a2200253 a 4500 AALejournalIMF009053 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451864151 1018-5941 BD-DhAAL BD-DhAAL Tokutsu, Ichiro. The Impact of Tradeon Wages : What If Countries Are Not Small? / Ichiro Tokutsu, Mika Saito. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (40 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a general equilibrium model to study the effects of abolishing existing tariffs under the assumption that each member country is large enough to affect the prices of goods and services produced in the region. We find that the responsiveness of prices plays an important role in easing a possible adverse effect of trade on relative wages. Mode of access: Internet Saito, Mika. IMF Working Papers; Working Paper ; No. 2006/155 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/155/001.2006.issue-155-en.xml IMF e-Library