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Lower labor costs enable producers to export inexpensive products to the United States.
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Why do lower labor costs in the other countries lead to jobs loss in the US?
Lower labor costs enable producers to export inexpensive products to the United States.
Why has globalization led to some job loss in the U.S?
Labor costs are lower in other countries.
Why do labor costs in other countries lead to job loss in the United states?
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Why do lower costs in other countries lead to job loss in the unite states?
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Why has globalization led to some job loss in the United States?
Labor costs are lower in other countries.
Why do lower labor cost in the other countries lead to job loss in the US?
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
Why do lower labor cost in other countries lead to job losses in the US?
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
What results from outsourcing jobs from the United states to other countries?
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Why do lower costs in other countries lead to job loss in the US?
Lower labor costs enable producers to export inexpensive products to the US, which would lead to job loss in the United States.
Is pfaltzgraff still made exclusively in the US?
Pfaltzgraff is now made in China, among other countries. The US factories were shut down because the labor costs were not competitive with China's labor costs.
Why do manufacturing companies that used unskilled labor often move to states or countries where wages are the lowest?
Manufacturing companies often relocate to states or countries with lower wages to reduce labor costs, which can significantly impact their overall expenses and profitability. By utilizing unskilled labor in regions where wages are minimal, these companies can maintain competitive pricing and increase their profit margins. Additionally, lower labor costs can enable companies to invest more in technology or other areas of production, further enhancing efficiency and productivity. This strategy is primarily driven by the pursuit of cost efficiency in a globalized economy.
Which of the following best describes the effort of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down.
