Which is the most accurate statement?
A) Before the 1960s the workers in low-wage nations were no threat to workers in high-wage economies because they had so little capital to work with.
B) Labor has long been much more mobile than capital.
C) In recent years America has become a low-wage country relative to most of the rest of the world.
D) Despite a flood of imported goods,our manufacturing employment is more than double what it was in 1960.
Correct Answer:
Verified
Q165: When country X imports goods from country
Q166: Trade restrictions cause
A)higher prices.
B)economic inefficiency.
C)both higher prices
Q167: Statement I: The American economy has become
Q168: Q169: Which statement is false? Q171: Which is the most accurate statement? Q172: Compared to our trade deficit with Japan Q173: In 2009,our merchandise trade deficit with China Q174: Statement I: The Japanese market is completely Q175: Our trade deficit in 2009 was
A)In general,Japanese firms are
A)If most
A)the largest
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