Answer:
The costs of passing a bill that prohibits child labor is precisely that all the labor that children could have provided for the economy is forgone. So in pure economic terms, there is a loss of value, a sunk cost.
However, the benefit is both economic, and social. The economic benefit is that children will instead go to school, and educate themselves to become more productive workers in the future. And the social benefit is a fairer society, and wealthier too.
Sunk relief is the answer
The Tariff of Abominations of 1828 was opposed mainly because "<span>(C) it hurt the sale of southern cotton," since the sale and trade of cotton from the American South was one of the most lucrative business ventures of the age. </span>
South america is located entirely in the western hemisphere
