If an entire industry relocates to a foreign country, the relocation leads to a higher rate of ________ unemployment.

Question

Quizplus · Accepted Answer

When an entire industry relocates to a foreign country, it leads to structural unemployment because many workers in that industry will not have the necessary skills to work in other industries. As a result, these workers will remain unemployed for an extended period, leading to an increase in structural unemployment.

If an Entire Industry Relocates to a Foreign Country, the Relocation