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India steps up pressure for minimum wage for its workers in the Gulf Oil-rich countries in the [Persian] Guil, alrnady condronted by strong labour protests,

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India steps up pressure for minimum wage for its workers in the Gulf Oil-rich countries in the [Persian] Guil, alrnady condronted by strong labour protests, are facing renewed pressure from india to pay minimum wages for unakiled workers. With five milion immigrant workers in the region, India is trying to win better conditions for their clizens. Source: Infernational Horald Tribune, March 27, 2008 The graph shows the market for labour in inda. Draw a point at the equilibrium wage and equibrium quantity of labour, Label it 1. Suppose thet workers are leasing inda to find higher paying jobs in the Persian Gulf. Show the effect on the oniginal supply of labour curve s0 Draw a new supply curve. Label it S1. Draw a point at the now oquilibrium wage rate and equabrium quantity of labour. Label it 2 . Suppose that workers are retuming to India because they become unemployed in the Persian Gulf when a minimum wage is enforced. Shew the effect on the original supply of labour curve s0 Draw a new supply curve. Label it S2. Oraw a point st the new equilibrum wage mbe and equatbrium quantity of labour. Label it 3

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