Business, 03.06.2021 16:20, asenath6477
According to the Feenstra-Hanson model of offshoring, if Japan is skilled-labour abundant and Mexico is unskilled-labour abundant, once the most unskilled-labour intensive task is offshored from Japan to Mexico, the skilled-unskilled wage ratio will: (a) Decrease in both countries. (b) Increase in Japan but decrease in Mexico. (c) Decrease in Japan but in increase in Mexico. (d) Increase in both countries. Explain the answer
Answers: 1
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According to the Feenstra-Hanson model of offshoring, if Japan is skilled-labour abundant and Mexico...
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