Recantiy. Swedish companies have outsourced manufacturing labor proviously performad by Swedish workers at $22 per hour to U.S. workers who racaive a wage rate of 311 par hour. Al of the folkowing will be the offacts of Swedsh manufacturing-labor outsourcing arcept OA. U.S. wages will increase. OB. Swedsh wages and empioyment will fall. OC. Swedsh wagas will rise and employment will fall OD. U.S. employment wil increase.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Recentily, Swedish companies have outsourcad manufacturing labor previously performad by Swedish workers at $22 per hour to U.S. workers who receive a wage rate of $11 per hour. All of the following will be the effacts of Swedish manufacturing-labor outsourcing except
OA U.S. wages will increase.
OB. Swedish wages and employment will tal.
OC. Swedish wages will rise and employment will fal.
OD. U.S. employment will increase.
Transcribed Image Text:Recentily, Swedish companies have outsourcad manufacturing labor previously performad by Swedish workers at $22 per hour to U.S. workers who receive a wage rate of $11 per hour. All of the following will be the effacts of Swedish manufacturing-labor outsourcing except OA U.S. wages will increase. OB. Swedish wages and employment will tal. OC. Swedish wages will rise and employment will fal. OD. U.S. employment will increase.
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