Statement I: The multinational corporations played only a very small role in shifting our manufacturing to low-wage nations.
Statement II: Because they had much more capital to work with prior to the 1960s,American manufacturing workers were much more productive than workers in low-wage nations.

Question

Quizplus · Accepted Answer

Multinational corporations have played a significant role in shifting manufacturing to low-wage nations to reduce costs and increase profits, making Statement I false. Statement II is true because, prior to the 1960s, American manufacturing workers were indeed more productive, largely due to better access to capital, technology, and infrastructure.

Statement I: the Multinational Corporations Played Only a Very Small