U.S. labor's biggest fear of foreign direct investment is:
A) Loss of capital investment in the U.S.
B) Increased national debt owed to foreign countries.
C) Loss of jobs and downward pressure on wages.
D) Inflation.

Question

Quizplus · Accepted Answer

U.S. labor's biggest fear of foreign direct investment is the loss of jobs and downward pressure on wages. When companies invest in foreign countries, they often move jobs overseas where labor costs are cheaper. This can lead to job losses and wage stagnation for U.S. workers.

US Labor's Biggest Fear of Foreign Direct Investment Is