If Countries Where Wages Are Far Lower Than Those in the U.S.manufacture

question 48

Multiple Choice

If countries where wages are far lower than those in the U.S.manufacture similar but vastly cheaper products, then:

• A)​U.S.consumers will buy those cheaper products 
• B)​U.S.producers will lose customers 
• C)​There will be a downward pressure on U.S.wages, and reduced employment 
• D)​All of the above statements are true.