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 exceptOA 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.

Swedish companies have outsourced manufacturing labor to US workers. This will decrease the demand…

Answered: Recantiy. Swedish companies have…

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

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

Chapter25: The Supply Of And Demand For Productive Resources

Section: Chapter Questions

Problem 9CQ

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