If higher labor standards were implemented as a condition for support of more liberal trade rules of the World Trade Organization, such policies could

Question

Quizplus · Accepted Answer

If higher labor standards were implemented, it would increase labor costs in developing countries where labor is cheaper, making it more difficult for them to compete in the global market. This could potentially harm labor in developing countries. On the other hand, labor in advanced countries would benefit from higher labor standards as they would have better working conditions and job security. Therefore, higher labor standards could help labor in advanced countries but harm labor in developing countries.

If Higher Labor Standards Were Implemented as a Condition for Support