Problem
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?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.