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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 12
Suppose Great Britain wants to take a stance on labor standards for imports. The prime minister imposes a blanket standard that requires all imports to meet certain labor standards. Who will benefit from this policy? What are the drawbacks for Great Britain and countries that export to Great Britain?
Explanation
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Labor standards:
Labor standards refers...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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