After the passage of the North American Free Trade Agreement, which made it less expensive to import goods from Mexico, workers in some industries found their factories being relocated to Mexico to take advantage of lower labor costs.These workers experienced what type of unemployment?

Question

Quizplus · Accepted Answer

The relocation of factories due to the increased availability of cheaper labor in another country is an example of structural unemployment, which involves a mismatch of skills and job opportunities in a changing economy.

After the Passage of the North American Free Trade Agreement