Question
In many countries, despite growth in GDP, surplus labor did not disappear, as predicted by the Lewis model, and was merely relocated. Explain this statement.
In many countries, despite growth in GDP, surplus labor did not disappear, as predicted by the Lewis model, and was merely relocated. Explain this statement. Hint: Think about the causes of unemployment.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
