0
What else can I help you with?
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 do lower labor costs in the other countries lead to job loss in the united sates?
Simply because - if an american company can get a product made cheaper overseas (including the cost of transporting it) - then there is no point employing americans at a higher wage to do the same job ! It's the same in most 'western' countries !
Before government approves a merger what must the companies prove the merger would do?
lower costs and consumer prices or lead to a better product
Why do us buy goods fron other countries?
The U.S. buys goods from other countries primarily to access a broader range of products that may be unavailable or more expensive to produce domestically. Additionally, international trade allows consumers to benefit from lower prices due to lower production costs in some countries. Importing goods also fosters competition, which can lead to innovation and improved quality. Ultimately, global trade supports economic growth and diversification.
How does specialisation lead to international trade?
Specialization allows countries to focus on producing goods and services in which they have a comparative advantage, meaning they can produce them more efficiently than others. This efficiency leads to increased output and lower costs. As countries specialize, they produce a surplus of these goods, which they can trade with other nations for products they do not produce as efficiently. This exchange fosters international trade, benefiting all parties involved by providing access to a wider variety of goods at lower prices.
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 do lower labor costs in other countries lead to jobs in the US?
Lower labor costs enable producers to export inexpensive products to the United States.
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 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 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 labor costs in the other countries lead to job loss in the united sates?
Simply because - if an american company can get a product made cheaper overseas (including the cost of transporting it) - then there is no point employing americans at a higher wage to do the same job ! It's the same in most 'western' countries !
Before government approves a merger what must the companies prove the merger would do?
lower costs and consumer prices or lead to a better product
Why do us buy goods fron other countries?
The U.S. buys goods from other countries primarily to access a broader range of products that may be unavailable or more expensive to produce domestically. Additionally, international trade allows consumers to benefit from lower prices due to lower production costs in some countries. Importing goods also fosters competition, which can lead to innovation and improved quality. Ultimately, global trade supports economic growth and diversification.
Countries with lower birthrates and longer average life spans typically face problems with what?
Countries with lower birthrates and longer average life spans typically face challenges related to an aging population, such as increased healthcare costs, strain on pension systems, and smaller workforce to support the economy. This can also lead to a decrease in innovation and economic growth.
How does specialisation lead to international trade?
Specialization allows countries to focus on producing goods and services in which they have a comparative advantage, meaning they can produce them more efficiently than others. This efficiency leads to increased output and lower costs. As countries specialize, they produce a surplus of these goods, which they can trade with other nations for products they do not produce as efficiently. This exchange fosters international trade, benefiting all parties involved by providing access to a wider variety of goods at lower prices.
