Which of the Following Will Result in a Leftward Shift

question 17

Multiple Choice

Which of the following will result in a leftward shift of the market supply curve for labour?

• A) an increase in nonwage income
• B) a decrease in labour productivity
• C) an increase in the working-age population
• D) an increase in immigration

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Definitions:

Indirect Exporting

A method of exporting goods through intermediaries, rather than directly to the foreign market.

Foreign Markets

Markets outside a company's home country where it conducts business activities, often involving different cultures, regulations, and economic environments.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico designed to eliminate most tariffs on trade between them, promoting economic growth.

U.S. Trade

The exchange of goods and services between the United States and other countries, including imports and exports.