Globalization critics argue that the decline in unskilled wage rates in advanced economies is due to the:
A) migration of low-wage manufacturing jobs offshore.
B) technology-induced shift toward jobs that require significant education and skills.
C) increased supply of highly skilled workers.
D) decreasing demand for unskilled workers in developing nations.
E) reducing national differences in the cost of labor between developed and developing nations.
Correct Answer:
Verified
Q50: The advent of containerization has
A)made the economies
Q57: Which of the following refers to the
Q61: Which of the following statements reflects the
Q62: What are mini-multinationals?
A)Multinational firms from relatively small
Q64: Which of the following has increased in
Q65: In the past two decades,the majority of
Q66: Which of the following identifies the motivation
Q68: Which of the following statements reflects the
Q69: Critics of globalization say that exporting jobs
Q74: Growing income inequality between the skilled and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents