9. In 2013, manufacturing workers in the United States earned average compensation of $36.34 per hour. That

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9. In 2013, manufacturing workers in the United States earned average compensation of $36.34 per hour. That same year, manufacturing workers in Mexico earned average compensation of

$6.82 per hour. How can U.S. manufacturers possibly compete?

Why isn’t all manufacturing done in Mexico and other lowwage countries? LO20.4

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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