In 2005, manufacturing workers in the United States earned an average wage of $23.65 per hour. That

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In 2005, manufacturing workers in the United States earned an average wage of $23.65 per hour. That same year, manufacturing workers in Mexico earned an average wage of $2.63 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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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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