Which of the following best explains why globalization has led to wage cuts

in some jobs in the United States?

O

A. Immigration increases domestic consumption, leading to more

competition for goods and services.

O

B. Free trade increases competition among producers, providing an

incentive to increase productivity and lower prices.

O

C. Outsourcing increases the domestic supply of workers, driving

down the price of labor.

O

D. Protectionist policies increase tariffs, which make goods and

services more expensive.

Question

Isiah Mcdowell

Business

13 April, 15:43

Which of the following best explains why globalization has led to wage cuts

in some jobs in the United States?

O

A. Immigration increases domestic consumption, leading to more

competition for goods and services.

O

B. Free trade increases competition among producers, providing an

incentive to increase productivity and lower prices.

O

C. Outsourcing increases the domestic supply of workers, driving

down the price of labor.

O

D. Protectionist policies increase tariffs, which make goods and

services more expensive.

+5

Answers (2)

Know the Answer?

Averie Bond · Answer 1

C

Explanation:

A P E X

Rebekah Knox · Answer 2

Answer: Outsourcing increases the domestic supply of workers, driving down the price of labor.

Explanation: Globalization has led to wage cuts in some jobs in the United States as a result of Outsourcing increasing the domestic supply of workers, driving down the price of labor. since there are more than enough supply of supply, wages paid for labour by industries will reduce.