With cheaper communication technology and easy flow of information between countries,
A)industrial production becomes more labor intensive.
B)the pattern of employment and production can change.
C)the digital divide widens.
D)transaction costs increase.

Question

Quizplus · Accepted Answer

With cheaper communication technology and easy flow of information between countries, companies can outsource and relocate their production to countries with lower labor costs, which can change the pattern of employment and production. This can lead to job growth in some countries and job losses in others, and can also increase international trade and competition.

With Cheaper Communication Technology and Easy Flow of Information Between