In the Short Run,wages in the Home Country Will ________

question 145

Multiple Choice

In the short run,wages in the home country will ________ when a company outsources its operations because labor demand in the home country has ________.

• A) rise; risen
• B) stay the same; fallen
• C) double; risen
• D) fall by a third; risen
• E) fall; fallen

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Definitions:

Salutary Neglect

A British policy of avoiding strict enforcement of parliamentary laws, meant to keep the American colonies obedient to England.

Slave Experience

The lived experiences, hardships, and enduring spirit of individuals who were subjected to the institution of slavery, highlighting their struggles and resilience.

British America

Territories in the Americas that were colonized by Britain, including parts of the United States, Canada, the Caribbean, and other regions, up until the 20th century.