Structural unemployment - reason for protection, Managerial Economics

Structural Unemployment

The decline of the highly localized industry due to international trade causes great problems of regional (structural) unemployment.  If it would take a long time to re-locate the labour to other jobs, then this can put the government, under considerable political and humanitarian pressure, to restrict the imports that are causing the industry to decline.

Posted Date: 11/30/2012 4:57:54 AM | Location : United States







Related Discussions:- Structural unemployment - reason for protection, Assignment Help, Ask Question on Structural unemployment - reason for protection, Get Answer, Expert's Help, Structural unemployment - reason for protection Discussions

Write discussion on Structural unemployment - reason for protection
Your posts are moderated
Related Questions
Controller of Credit The principles of credit control by the central bank were discovered and enunciated after the publication of Bagehot Lombard street in 1873. Even after 187


INTERNATIONAL LIQUIDITY International liquidity is the name given to the assets which central banks use to influence the external value of their currencies.  It can also be



In a one-shot game, if you advertise and your rival advertises, you will each earn RM5 million in profits.  If neither of you advertises, your rival will make RM4 million and you w

Profit as rent of ability: one of the most widely known theories of profit was propounded by F.A. Walker. According to him profit is the rent of is the difference between the earn

What market type does the company you work for operate under? What makes you think this? Do you think that this is the right market type for your company to operate in? Explain you

The International Monetary Fund The International Monetary Fund is a kind of an embryo World Central Bank.  Its objectives are: i.    To work towards the full convertibilit

In the short-run the firm can't modify or change overhead factors like equipment, plant and scale of its organisation. In the short-run output can be decreased or increased by chan