Microeconomics (Christopher T.S. Ragan) (z-lib.org)

Figure 14-3 The Effect of Discrimination on Wages Now suppose discrimination enters in an extreme form: All E occupations are he ...

the tariff, the restricted supply of Canadian lumber to the U.S. market drives up the price to U.S. users and also raises profit ...

workers in E have higher skills than those in O. This is an equilibrium wage differential.) Since men and women have the same di ...

Trade-Remedy Laws and Non-Tariff Barriers As tariffs in many countries were lowered over the years since the Second World War, c ...

differentials. The simple answer is that the differentials will persist as long as the discrimination itself persists. Consider ...

Despite the benefits to consumers from low-priced imports, most governments use anti-dumping duties designed to protect their ow ...

The attitudes of many white customers were responsible for much discrimination against black people in the United States in the ...

Antidumping laws were first designed to permit countries to respond to predatory pricing by foreign firms. More recently, they h ...

and act on it, there will be an increase in demand for well-qualified women, eventually reversing the effects of the initial dis ...

(U.S.) subsidy in the same industry. This does not create a level playing field. Softwood lumber (spruce, pine, and fir) is used ...

Wage Differentials in Non-competitive Labour Markets We have examined several explanations for why wage differentials exist in c ...

Countervailing duties can be used to offset the effects of foreign export subsidies, but often they are nothing more than thinly ...

Figure 14-4 A Monopoly Union in a Labour Market As the single seller of labour services to many firms, the union is a monopolist ...

33.3 Current Trade Policy In the remainder of the chapter, we discuss trade policy in practice. We start with the many internati ...

A union operating in an otherwise competitive market can raise the wages of people who continue to be employed but only by reduc ...

increases. The GATT has since been replaced by the World Trade Organization (WTO), which continues the work of the GATT. Through ...

programs at universities, the restricted supply of labour drives wages in these occupations higher than they would otherwise be. ...

Regional Trade Agreements Regional agreements seek to liberalize trade over a much smaller group of countries than the entire WT ...

Figure 14-5 A Monopsony Firm in a Labour Market of labour. And what is the marginal cost of an extra worker? In order to hire on ...

Canada and the European Union took effect. In 2018, Canada along with 10 other Pacific-Rim countries signed the Comprehensive an ...