If the United States offshores highskilled jobs:
A) it will always result in a net loss for the United States.
B) it will increase the wages for highskilled workers in the United States.
C) it will result in gains for the United States, even though there will be job losses.
D) it will result in losses in the foreign country.
Correct Answer:
Verified
Q36: After NAFTA went into effect, movements in
Q37: What accounts for increases in both the
Q38: What may have caused the relative demand
Q39: When countries open up for offshoring, which
Q40: A case study of wages in the
Q42: The United States has seen an increase
Q45: Figure: A Firm's Production With and Without
Offshoring
Q90: An isoquant describes:
A) combinations of two goods
Q91: The U.S. terms of trade for merchandise
Q96: A country's terms of trade is:
A) its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents