Management Notes

Reference Notes for Management

Increased foreign competition tend to

Increased foreign competition tend to

Increased foreign competition tend to

 Options:

a. Intensify inflationary pressure at home
b. Induce falling output per worker-hour for domestic workers
c. Place constraints on the wages of domestic workers
d. Increase profits of domestic import-competing industries

The Correct Answer Is:

c. Place constraints on the wages of domestic workers

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