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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 3
Circle the letter that corresponds to the best answer. Which statement is true about how globalization has affected American workers?
A) The only jobs that have been lost or will be lost are blue-collar factory jobs.
B) Most workers who have lost their jobs because of globalization have ended up in better paying jobs.
C) Until now a relatively high proportion of Americans performed high-skill, well-paying jobs, while a relatively high proportion of Chinese performed low-skill, poorly paying jobs.
D) Globalization cannot be considered a threat to the livelihoods of highly skilled, well-paid American workers.
A) The only jobs that have been lost or will be lost are blue-collar factory jobs.
B) Most workers who have lost their jobs because of globalization have ended up in better paying jobs.
C) Until now a relatively high proportion of Americans performed high-skill, well-paying jobs, while a relatively high proportion of Chinese performed low-skill, poorly paying jobs.
D) Globalization cannot be considered a threat to the livelihoods of highly skilled, well-paid American workers.
Explanation
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Globalization can be defined as the orga...
Macroeconomics 11th Edition by Stephen Slavin
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