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)All of the above.

Question

Quizplus · Accepted Answer

U.S. labor's biggest fear of foreign direct investment is the loss of jobs and downward pressure on wages due to outsourcing and competition from cheaper foreign labor. While A and B may also be concerns, they are not considered labor's biggest fear.

U.S.labor's Biggest Fear of Foreign Direct Investment Is