With regard to the issue of jobs in the global market, which of the following is correct? No answer text provided. O The SET approach is reflected in the jobs created by the best practices of free trade O All of the choices are correct O TBL management supporters admit that FBL companies create many new jobs, but those jobs often do not pay a living wage and are characterized by poor working conditions

With regard to the issue of jobs in the global market, which of the following is correct? No answer text provided. O The SET approach is reflected in the jobs created by the best practices of free trade O All of the choices are correct O TBL management supporters admit that FBL companies create many new jobs, but those jobs often do not pay a living wage and are characterized by poor working conditions

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter19: Labor And Entrepreneurship: The Human Inputs

Section: Chapter Questions

Problem 4TY

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Chose the trrue statement. a. Sincce the mid 1800ss , Unitedd States of America has experienced substantial migration in workforce in the following order: From service sector to agriculture, and then from agriculture to manufacturing. b. Moderniization or advances in technology, and smarrter processes are example factors that have increased manufacturing productivity in the US. c. The Clarrk-Fisher hypothhesis implies that as productivity increases in one sector, the labor force moves to another sector. d. b and c are true.
According to the factor price equalization theorem a. Trade will result in a convergence of factor prices across borders b. Trade is a substitute for labor migration c. If factor prices are not equal then firms will adjust production techniques d. If factor prices are not equal then factors will migrate across borders
Explain the effects of migration of labor between the two nations. Use the figure attached and the marginal product of labour concept to explain your answer.
Explain the effects of migration of labour between two nations. Use the figure below and the marginal product of labour concept to explain answer.
Migration of workforce is targeting the developing countries. Select one: O a. True O b. False
Consider the standard trade model with two goods and two factors, labour and capital(d) Explain the difference between export-biased growth and import-biased growth,commenting on their economic impact. (e) Discuss two reasons why international trade has strong effects on the distribution ofincome.(f) Explain why economists often consider the effects of free trade on incomedistribution to be less important than the effects on overall welfare. Discuss anexample where the distributional effect has had more lasting importance.
The graphs below show demand for labor in two countries, A and B, and several vertical labor supply curves. Use these diagrams to answer the question about the effects of migration from one country to the other in search of a higher wage. Let the amount of migration (change in labor supply) be equal to the (identical) horizontal distance between the supply curves in both graphs. Mig.png What is the effect of this migration on the welfare of workers who migrate? Group of answer choices They gain area (g+h) They gain area (a+b+c). They gain area (g+h+e) They gain area g
Discuss the available tools to address labour shortage issues in th uk
How do companies usually set their wage rates when they commence operations in foreign countries? a. as low as they can, given the local unemployment rates b. at, or slightly below, the prevailing wage for local companies c. at the average of the prevailing wage rates for local companies d. at, or slightly higher than, the prevailing wage for local companies The textile workers at a local company have had a stressful weekend. Their union has been engaged in contract negotiations for the past 72 hours. When those on the 6 a.m. shift arrive at the factory the doors are chained and they cannot get in. What is this situation called? a. slowdown b. deadlock c. walk-out d. lock-out
Question 4: International Factor MovementsExplain the effects of migration of labour between two nations. Use the figure below and the marginal product of labour concept to explain answer.
A4 I need help with #2 thank you
Labor market pooling from a cluster of firms can workers. O decrease: decrease O decrease: increase O increase increase incre decrease labor shortages for producers and unemployment risk for