The wages of Mexican factory workers are about five times less per hour than those of U.S.
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Question:
The wages of Mexican factory workers are about five times less per hour than those of U.S. factory workers. What is the primary reason: A, B, C or D, - that all the remaining U.S. manufacturing jobs have not yet been off-shored to low-wage countries? Explain your answer in 3-4 sentences
A. Total production costs matter more than just labor costs by themselves.
B. U.S. companies don’t have enough people who speak foreign languages.
C. U.S. consumers are biased against foreign goods
D. Low-wage countries can’t accumulate enough capital...
Related Book For
Understanding Basic Statistics
ISBN: 978-1111827021
6th edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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