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What effect, if any, would stronger enforcement of child labor laws in developing countries have on unskilled workers in both developing and developed countries? You
What effect, if any, would stronger enforcement of child labor laws in developing countries have on unskilled workers in both developing and developed countries? You may simplify your response by assuming there are two factors of production in each country, skilled labor and unskilled labor. Children are unskilled workers. Both skilled and unskilled workers are required in the production of each good. You may also assume that no children are working in the developed countries. Consider the following scenarios: A. The world economy fits the assumptions of a two-country Heckscher-Ohlin model, with a developed country and a developing country. Each country produces two goods, one of which is skilled-labor intensive and one of which is unskilled-labor intensive. You can assume there is free and costless trade between the two countries. What effect, if any, would stronger enforcement of child labor laws in developing countries (which will cut the supply of unskilled workers) have on unskilled workers in developing and developed countries
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