Suppose that the U.S. government attempts to alleviate suffering abroad by requiring that outsourcing firms apply some
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Suppose that the U.S. government attempts to alleviate suffering abroad by requiring that outsourcing firms apply some fraction of U.S. labor standards (i.e., good working conditions, health benefits, etc.) in any production facility abroad. Illustrate the impact this will have on Graph 20.6. Does the logic of the model suggest that this will improve the fortunes of workers abroad? Will it benefit domestic U.S. workers?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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