Many people believe that significant numbers of U.S. jobs have been outsourced; that is, firms have relocated

Question:

Many people believe that significant numbers of U.S. jobs have been “outsourced”; that is, firms have relocated operations to countries in which labor is cheaper, so the jobs have moved overseas. While there is no question that there has been some outsourcing, has it been significant relative to the size of the U.S. labor market? Briefly describe how you would analyze this question. What problems might you expect to encounter in carrying out your analysis?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

Question Posted: