According to Matthew Slaughter of Dartmouth College,in a Study of Multinational

question 11

Multiple Choice

According to Matthew Slaughter of Dartmouth College,in a study of multinational corporations,he found that:

• A)for every one job outsourced,about two jobs were created domestically.
• B)for every one job outsourced,about one-half job was created domestically.
• C)for every job outsourced,another was created domestically.
• D)for every two jobs outsourced,about one job was created domestically.
• E)None of the above is correct.

---

Definitions:

Wage Rates

The amount of compensation individuals receive in exchange for their labor per unit of time, such as hourly or annual earnings.

Bilateral Monopoly

A market in which there is a single seller (monopoly) and a single buyer (monopsony).

Monopolist

A single seller in a market who has significant control over the price and supply of a product or service.

Monopsonist

A situation in the market where a single buyer dominates, possessing substantial control over the pricing of a product or service.