While High-Paid American Workers Fear Competition with Low-Paid Foreign Workers,low-Paid

question 49

Multiple Choice

While high-paid American workers fear competition with low-paid foreign workers,low-paid foreign workers fear competition with high-paid American workers.Why?

• A) It is completely irrational and unfounded.
• B) Because America has such a large market it can protect its workers.
• C) Because high wages reflect high worker productivity and the low-paid foreign workers are not as productive.
• D) Because high wages are the result of extensive tariff and other trade restrictions.
• E) Because high wages mean that U.S. workers can buy more goods and services.

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Definitions:

Performance Accomplishments

The achievements or outcomes that an individual or group has successfully realized, often measured against preset goals or standards.

Resource Costs

The expenses associated with acquiring the materials and labor needed to produce goods or services.

Goal Accomplishment

The achievement or completion of objectives or targets set by an individual, group, or organization.

Top Level Managers

Senior executives responsible for the overall direction and success of an organization, making strategic decisions that affect the entire company.