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Question
Which of the following statements is FALSE about the long -run effects of outsourcing?
A) Outsourcing allows countries to specialize in producing what they can produce most efficiently.
B) More goods and services can be produced than in the absence of outsourcing.
C) Globally wages will increase because of outsourcing.
D) Employment levels will decrease globally as the result of outsourcing.
Answer
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Related questions
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Which of the following statements is FALSE?
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Discuss the relationship between world trade and world Gross Domestic Product (GDP) since the early 1950s.
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