【单选题】“High-income countries have a price level which is much higher than the low-income countries.” Which of the following is most likely to explain this price differential?
A.
With the development process of a nation, its productivity in making traded goods rises much faster than that in making non-traded goods.
B.
Traded goods are much more sensitive to the income levels than are non-traded goods and services.
C.
Prices of non-traded goods and services are relatively stable across high and low-income nations.
D.
Labor involved in production of non-traded goods and services in high-income nations receive lower wages than the labor producing traded goods.