
Microeconomics 19th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 19ISBN: 978-0070998544
Microeconomics 19th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 19ISBN: 978-0070998544 Exercise 10
In 2007, manufacturing workers in the United States earned average compensation of $30.56 per hour. That same year, manufacturing workers in Mexico earned average compensation of $3.91 per hour. How can U.S. manufacturers possibly compete? Why isn't all manufacturing done in Mexico and other low-wage countries?
Explanation
The logic of Cheap Foreign Labour Argume...
Microeconomics 19th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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