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asjstr asjstr
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5 years ago
Which of the following statements is FALSE about the long-run effects of outsourcing?

• Globally wages will increase because of outsourcing.

• Outsourcing allows countries to specialize in producing what they can produce most efficiently.

• Employment levels will decrease globally as the result of outsourcing.

• More goods and services can be produced than in the absence of outsourcing.
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Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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5 years ago
Employment levels will decrease globally as the result of outsourcing.
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