Multiple Choice
If unskilled labour is relatively plentiful and cheap in many foreign countries,then as Canada expands its trade with these foreign countries,what happens to the domestic demand for unskilled and skilled labour
A) The domestic demand for unskilled labour will rise and demand for skilled labour will fall.
B) The domestic demand for skilled labour will rise and demand for unskilled labour will fall.
C) The domestic demand for both skilled and unskilled labour will rise proportionately.
D) The domestic demand for both skilled and unskilled labour will be unaffected, assuming there are no barriers to free trade.
Correct Answer:
Verified
Correct Answer:
Verified
Q141: What does the term "compensating differential" refer
Q142: Efficiency wages will raise the quantity of
Q143: What have studies shown about the earnings
Q144: Which theory would suggest that attending school
Q145: To what extend can we use differences
Q147: Wayne Gretzky earned much more during his
Q148: It is increasingly clear that technological change,rather
Q149: Sophie receives a higher wage than Justin.Which
Q150: What theory of education states that a
Q151: Consumers are often a primary source of