
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 25
In 2012, manufacturing workers in the United States earned average compensation of $35.67 per hour. That same year, manufacturing workers in Mexico earned average compensation of $6.36 per hour. How can U.S. manufacturers possibly compete? Why isn't all manufacturing done in Mexico and other low-wage countries?
Explanation
U.S. manufacturers can compete with Mexi...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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