More cards in this set

Card 6

Front

Why has pay for those with scarce skills increased?

Back

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Card 7

Front

How how labour markets become more interdependent?

Back

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Card 8

Front

How can recruiting workers from overseas cause skill shortages?

Back

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Card 9

Front

How can cheap labour in emerging economies affect developed economies?

Back

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Card 10

Front

What will happen to wage rates if workers are willing to accept cheaper wage rates abroad?

Back

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Card 11

Front

What effect does offshoring have on unskilled workers in the domestic economy?

Back

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Card 12

Front

What is the primary sector?

Back

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Card 13

Front

What is the secondary sector?

Back

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Card 14

Front

What is the tertiary sector?

Back

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Card 15

Front

What is the quaternary sector?

Back

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