The most wave of globalization which began in the 1980s has emphasized the outsourcing of ?

Related Mcqs:

Increased foreign competition tend to ?

A. Intensify inflationary pressure at home B. Induce falling output per worker-hour for domestic workers C. Place constraints on the wages of domestic workers D. Increase profits of domestic import competing industries...

Economists suggest that an optimum tariff would be one which reduce imports to a point where___________?

A. Comparative advantage is achieved B. Price elasticity of imports is unity and tariff revenue is maximized C. import prices are the same as export prices D. marginal social cost equals marginal social benefit...

An optimal tariff is one which reduces imports to the level at which ____ equals ____?

A. imports, exports B. the balance of trade, zero C. The demand for currency the supply of currency D. social marginal cost, social marginal benefit...

For the United states, exports plus imports are about _____ of its gross national product?

A. 5 percent B. 10 percent C. 25 percent D. 55 percent...

Economic integration ?

A. occurs when countries are granted most favored nation status B. occurs when one country voluntarily agrees to reduce its exports to another country C. occurs when two or more nations join to form a free-trade zone D. Occurs when countries develop an acquired comparative advantage that makes their industries more competitive in international markets...