Trade and Child Labour
… a core concept in Economic Analysis and Atlas102
Click for MRU video, Minutes 5:34 to 8:38
Concept description
Alex Tabarrok (reference below, video on right, minutes 5:35 to 8:38) describes the relationship between the incidence of child labour and wealth of societies.
He argues that attempts to reduce child labour through refusing to trade with countries with high incidence of child labour will have the unintended consequence of reducing growth in that country and losing the reduction of child labour that could be expected to have accompanied the increased wealth.
Atlas topic, subject, and course
Trade (core topic) in Economic Analysis and Atlas102 Economic Analysis.
Source
Alex Tabarrok, Arguments Against International Trade (14-minute video), Principles of Economics – Microeconomics, Marginal Revolution University, at http://www.mruniversity.com/courses/principles-economics-microeconomics/arguments-against-trade, accessed 5 May 2016.
Page created by: Ian Clark, last modified 5 May 2016.
Image: Alex Tabarrok, minute 00:14 of Arguments Against International Trade (14-minute video), Principles of Economics – Microeconomics, Marginal Revolution University, at http://www.mruniversity.com/courses/principles-economics-microeconomics/arguments-against-trade, accessed 5 May 2016.