Actions on labor in gulf coastal states

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1. In spring 2010, an explosion on an offshore oil-drilling rig caused 11 deaths and a major oil spill in the Gulf of Mexico. Shortly thereafter, the U.S. government declared a moratorium on oil drilling in U.S. territorial waters in the Gulf of Mexico and a re-examination of offshore drilling regulations. Use the specific factors model to analyze the short-run effect of these actions on labor in Gulf coastal states.

2. The united states is a significant exporter of many agricultural products. how can you explain substantial increase in the price of agricultural in the midwest. where many of US agricultural exports originate.

Reference no: EM132592429

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