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Globalization Critics Argue That the Decline in Unskilled Wage Rates

Question 134

Multiple Choice

Globalization critics argue that the decline in unskilled wage rates in advanced economies is due to the:


A) migration of low-wage manufacturing jobs offshore.
B) technology induced shift toward jobs that require significant education and skills.
C) increased supply of highly skilled workers.
D) reducing demand for unskilled workers in developing nations.
E) reducing national differences in the cost of labor between developed and developing nations.

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