Recantiy. Swedish companies have outsourced manufacturing labor proviously performad by Swedish workers at $22 per hour to U.S. workers who racaive a wage rate of 311 par hour. Al of the folkowing will be the offacts of Swedsh manufacturing-labor outsourcing arcept OA. U.S. wages will increase. OB. Swedsh wages and empioyment will fall. OC. Swedsh wagas will rise and employment will fall OD. U.S. employment wil increase.
Recantiy. Swedish companies have outsourced manufacturing labor proviously performad by Swedish workers at $22 per hour to U.S. workers who racaive a wage rate of 311 par hour. Al of the folkowing will be the offacts of Swedsh manufacturing-labor outsourcing arcept OA. U.S. wages will increase. OB. Swedsh wages and empioyment will fall. OC. Swedsh wagas will rise and employment will fall OD. U.S. employment wil increase.
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: The Supply Of And Demand For Productive Resources
Section: Chapter Questions
Problem 9CQ
Related questions
Question
![Recentily, Swedish companies have outsourcad manufacturing labor previously performad by Swedish workers at $22 per hour to U.S. workers who receive a wage rate of $11 per hour. All of the following will be the effacts of Swedish manufacturing-labor outsourcing except
OA U.S. wages will increase.
OB. Swedish wages and employment will tal.
OC. Swedish wages will rise and employment will fal.
OD. U.S. employment will increase.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb00eb851-8db6-42fc-93a7-508c75ab5a16%2F6caabdde-b623-42a1-8055-265384b689fd%2Fcajfnh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Recentily, Swedish companies have outsourcad manufacturing labor previously performad by Swedish workers at $22 per hour to U.S. workers who receive a wage rate of $11 per hour. All of the following will be the effacts of Swedish manufacturing-labor outsourcing except
OA U.S. wages will increase.
OB. Swedish wages and employment will tal.
OC. Swedish wages will rise and employment will fal.
OD. U.S. employment will increase.
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