Macroeconomics 9th Edition by David Colander

Exercise 11

Some economists believe that imposing international labor standards would cost jobs.n support of this argument, one economist said, " Either you believe labor demand curves are downward sloping, or you don ' t. Of course, not to ' believe that demand curves ate negatively sloped would be tantamount to declaring yourself an economic illiterate.hat else about the nature of labor demand curves might help a policy maker design policies that could counteract the negative effects of labor standards employment (Radical)