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
features of monopoly

State the difficulties in the measurement of profit.

Real and nominal measures Output, Expenditure and Income can be valued at current market price in which case we speak, for example, of money or Nominal NNP, or NNP valued

explain the law of demand

When Burton Cummings graduated with honors from the Canadian Trucking Academy, his father gave him a $350,000 tractor-trailer rig. Recently, Burton was boasting to some fellow truc

limitations of managerial ecomomics

Suppose that the present level of income in the economy is $700 billion. It is determined that in order to decrease the unemployment rate to the desired level, it will be essential

Q. Example on Relationship between marginal and average cost? This relationship between marginal and average cost can easily be recalled with the aid of Fig. below. It can be s


Features of this system The mixed economy includes elements of both market and planned economies.  The government operates and controls the public sector, which typically cons