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Author Question: While high-paid American workers fear competition with low-paid foreign workers, low-paid foreign ... (Read 179 times)

Jramos095

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While high-paid American workers fear competition with low-paid foreign workers, low-paid foreign workers fear competition with high-paid American workers. Why?
◦ It is completely irrational and unfounded.
◦ Because America has such a large market it can protect its workers.
◦ Because high wages reflect high worker productivity and the low-paid foreign workers are not as productive.
◦ Because high wages are the result of extensive tariff and other trade restrictions.
◦ Because high wages mean that U.S. workers can buy more goods and services.


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Marked as best answer by Jramos095 on May 24, 2019

izzat

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