Why does globalization lead to a reduction in wages in developed countries? A.

Increased mobility allows producers to move jobs to lower-cost labor markets.

B.

A high volume of international trade reduces the demand for skilled labor.

C.

Globalization results in lower prices that give workers greater purchasing power.

D.

Labor unions have moved their operations to developing countries.

According to your text, systems of government in the united states are shifting from what to what?

Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7 thousand jobs per year from 2008 to 2018. assuming this holds true, what will be this industry’s percent change from 2008 to 2018? a. 70% b. -27% c. -17% d. -75%

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15