Supporters of globalization maintain that the apparent decline in real wage rates of unskilled workers
A) is due to technological changes that create greater demand for skilled workers.
B) is due to the migration of low-wage manufacturing jobs offshore.
C) can be checked by increasing government ownership of enterprises.
D) can be checked by limiting free trade and foreign investment.

Question

Quizplus · Accepted Answer

Supporters of globalization maintain that the weak growth rate in real wage rates for unskilled workers owes far more to a technology-induced shift within advanced economies away from jobs where the only qualification was a willingness to turn up for work every day and toward jobs that require significant education and skills.

Supporters of Globalization Maintain That the Apparent Decline in Real