Evidence shows that increased international trade has increased the wages of unskilled workers in the United States.

Question

Georgia Herrera · Accepted Answer

Final Answer : False, Explanation :  Increased international trade has often been associated with wage stagnation or decline for unskilled workers in developed countries like the United States, as it tends to shift manufacturing jobs to countries with lower labor costs, increasing competition and putting downward pressure on wages for unskilled labor.

Evidence shows that increased international trade has increased the wages of unskilled workers in the United States.

Definitions

Learning Objectives

Learning Objectives

Related questions