According to Michael Spence, which of the following is directly responsible for a dearth of jobs in the American and other Western economies?

Name: According to Michael Spence, which of the following is directly responsible for a dearth of jobs in the American and other Western economies?
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Michael Spence argues that globalization is directly responsible for the dearth of jobs in Western economies, as it leads to the outsourcing of jobs to countries with cheaper labor costs.

According to Michael Spence, Which of the Following Is Directly