The Jones Act mandates that at least 50 percent of all U.S. government-financed cargo must be transported
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The Jones Act mandates that at least 50 percent of all U.S. government-financed cargo must be transported in U.S.-owned ships and that any U.S. ship leaving a U.S. port must have at least 90 percent of its crew composed of U.S. citizens. What would you expect the impact of this act to be on the demand for labor in the shipping industry and the ability of unions to push up the wages of U.S. seafarers?
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The provisions of the Jones Act affect the demand for labor in the US shipping industry in at least ...View the full answer
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Related Book For 
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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