In 2018, manufacturing workers in the United States earned average compensation of $21.86 per hour. That same
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In 2018, manufacturing workers in the United States earned average compensation of $21.86 per hour. That same year, manufacturing workers in Mexico earned average compensation of
$3.20 per hour. How can U.S. manufacturers possibly compete?
Why isn’t all manufacturing done in Mexico and other low-wage countries?
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The significant difference in wages between US and Mexican manufacturing workers raises a valid question about the competitiveness of American manufac...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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