Why do lower labor costs in other countries lead to job loss in the united states?
a. it enab...
Why do lower labor costs in other countries lead to job loss in the united states?
a. it enables foreign producers to undersell domestic producers.
b. foreign producers are able to insource and make higher profits.
c. workers migrate in search of better-paying jobs.
d. foreign governments can charge higher tariffs and make more revenues.
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