Question: You are a research fellow for a Washington, D.C.-based research institute investigating the ethics of restrictions on the international movement of labor. In the practice
You are a research fellow for a Washington, D.C.-based research institute investigating the ethics of restrictions on the international movement of labor. In the practice of international trade, both physical resources and capital cross international borders rather freely, whereas labor is heavily restricted. In fact, it can be extremely difficult for individuals to obtain a permit that allows them to be gainfully employed within many countries. Thus, although companies are free to set up production in markets where labor is cheap, labor cannot move to markets where wages are higher. Some argue that this locks poor people to their poor geographies and gives them little hope for advancement. Why do you think this situation prevails? Is it ethical that of all the components of production, labor is the one most subject to restrictions on its international mobility? Explain.
Step by Step Solution
3.45 Rating (158 Votes )
There are 3 Steps involved in it
The main reason why there are many restrictions on the ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1166-B-B-C-I-B(1517).docx
120 KBs Word File
