Many US based companies rely on labor from low-wage countries. Identify a company that uses labor from low-wage countries and discuss at least one region they do business in.

Q: How do companies usually set their wage rates when they commence operations in foreign countries?…

A: 1. The answer is - b. At, or slightly below, the prevailing wage for local companies.

Q: According to the factor price equalization theorem a. Trade will result in a convergence of factor…

A: In the international market, there are various techniques and tools to examine the nature of the…

Q: QUESTION 7 When it comes to discussing labor as a good that is bought and sold in a free market: O…

A: A labor market is where labor hours are being bough and sold.

Q: Due to national differences in economy, politics, and legal systems it result in a wide range of…

A: Labor relation: It refers to the system under which the employees and employers take various…

Q: Immigrants Are Welcome Here: A Case Study of Immigration in Malaysia Monday, April 3rd, 2017…

A: As the report on immigration in Malaysia concludes:- "Overall, their study found that immigration…

Q: a) Sectors of the economy b) The sector(s) or industries your assigned country specialises in c) The…

A: Austria is a developed country and includes the food and luxury industry, mechanical industry, steel…

Q: Globalization has enlarged the pool of labor force from which U.S. corporations can draw for their…

A: Globalization refers to the economic reform under which countries are allowed to make international…

Q: The entry effect refers to: the number of immigrants that end up returning to their home country the…

A: The entry effects refers to the number of Canadians who experience job loss because of an inflow of…

Q: Explain the effects of migration of labor between the two nations. Use the figure attached and the…

A: Answer: Introduction: The marginal product of labour: it refers to the additional unit produced when…

Q: Which of the following is a possible explanation for the decline in union membership since the…

A: The labor union can be referred to as an organization or union labor that is engaged in collective…

Q: Migration is supposedly happen from low to high income country. In time the wage difference between…

A: Human migration is defined as the movement of the people from one country to another to settle,…

Q: Interpret the meaning of "rate of exploitation = 1000" for making hamburgers at a fast-food…

A: Answer - Need to find- Would this rate of exploitation increase or decrease when greater automation…

Q: The majority of new Legal Permanent Residents in the US entered the country on family based visas.…

A: At least two members of the family, an applicant, and a benefactor all must be participating in…

Q: Workers in Canada enjoy a high standard for living because     Unions in Canada keep the wage high…

A: The standard of living explains an economy's overall improvement as it provides information about…

Q: Which of the following events may increase labor demand? Check all that apply. A technological…

A: Labor demand refers to an economic principle derived from the output demand of a firm.

Q: Philippines A.Contractualization -endo practices B. No overtime pay C. Unsafe workplace D. No…

A: Unemployment and unemployment are the Phillippines most important problems and the economy. Today,…

Q: The British-based organization--it presently lists more than 70 corporate members plus trade unions…

A: Macroeconomics is important for a countryand also microeconomics. Aggregate demand and aggregate…

Q: Immigrants Are Welcome Here: A Case Study of Immigration in Malaysia Monday, April 3rd, 2017…

A: The World Bank's Malaysia Economic Monitor, dispatched today, centers around the basic job that…

Q: Factor Price Equalization means that A. the demand for the factor that is abundant in a country…

A: Factor price equalization states that the product and factor prices tend to be equal in free trade…

Q: The figure below represents the effects in the labor markets due to migration. Here, the world has…

A: Introduction In the diagram, North employers have high income and south employers have low income.…

Q: Specialization:     1)  leads to greater self-sufficiency.   2)  can lead to an increase in…

A: Specialization refers to a country's propensity to specialise in such items that it trades for other…

Q: Internal labor markets have higher wages and benefits. Reason(s) firms may voluntarily form internal…

A: Labor market refers to the demand for and supply of the human capital for the process of production…

Q: Choose the three main industries that demanded high numbers of cheap labor in the US, thereby…

A: Mexican immigrants are working majorly in construction industry. Further their demand is in…

Q: If a company encourages (diversity) in its workforce , then it a . offers employment opportunities…

A: The companies, nowadays, have become more aware and try to employ workers from different categories.…

Q: ......... is a form of business organizatiom that has the largest sales volume A. Partnership B.…

A: The answer is given below

Q: What may be wrong with over-specialization for workers in factories? A. Work culture may worsen B.…

A: When product is made, cost  takes place and process of business follow ups. Business can be of…

Q: Immigrants Are Welcome Here: A Case Study of Immigration in Malaysia Monday, April 3rd, 2017…

A: As the study of Malaysian immigration mentions, "Overall, their study found that immigration had a…

Q: The threshold productivity to become an exporter is       A.higher than the one to serve the…

A: The answer is - A.higher than the one to serve the domestic market

Q: In the US, 30 thousand people are employed in whiskey production and 200 thousand people in…

A: Option c Converges to the relative labor demand curve of the motorcycle production industry In the…

Q: Empirical studies covered on this module by and large conclude that international factor movement in…

A: An international factor movement in the form of labor immigration implies movement of labor from one…

Q: Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the…

A: Technology is widely acknowledged/valued in economics as the primary driver of economic growth in…

Q: Make a summary of this article. David, H., & Dorn, D. (2013). The growth of low-skill service jobs…

A: Technological advancements have generated more opportunities to use machines without more using…

Q: Maverick Manufacturing creates dress slacks for men and women. Maverick’s decides to expand its…

A: According to the question, it is given that : Dress slacks for men and women are made by Maverick…

Q: Define the term High degree of division of labor and specialization?

A: Adam Smith, David Ricardo and Malthus were the main classical economists. Adam Smith gave the…

Q: Which of the following does theory of labor migration predict? a. Workers are likely to migrate…

A: When analyzing labor behavior in the labor market, the theory of migration is used to describe the…

Q: Specialization: O reduces the cost of production for all producers. O creates more income for…

A: If economies are able to adopt economic specialisation, they will be able to reap the benefits of…

Q: Merck is a multinational American company, headquartered in the US Steve is an American citizen who…

A: Multinational companies are those companies who operates or do businesses more than one nations .

Q: Workers in a McDonald’s are trained to cook, clean,fill drinks, take orders, and fill orders. During…

A: One of the very important building blocks of an organization structure is job design and job design…

Q: Which statement regarding Canadian immigration is false: Ontario has been the main destination of…

A: Immigrants in Canada have increased over the years.

Q: explain advantages and disadvantages of the estimating opportunity cost of labor

A: In short, opportunity cost is surrounding us. The main idea behind opportunity cost is that the cost…

Q: Migration between North Korea and South Korea has been prohibited since the end of the Korean War in…

A: Immigration is able to create gains for the moving workers and immigration is also able to affect…

Q: Maverick Manufacturing creates dress slacks for men and women. Maverick’s decides to expand its…

A: Maverick Technologies is a modern computerization, venture mix, functional counseling and supporting…

Q: labor migration from one country to another -   a) leads to international convergence of wage…

A: Labor migration occurs for a variety of causes, both economic and non-economic. The country of…

Q: Apple has its headquarters, and conducts research and development, in the United States, while it…

A: Division of labor refers to dividing the work process into number of tasks with each task being…

Q: Distinguished labor standard from labor relations.

A: The term "labour standards" refers to the rules that govern how employees are handled.  The word…