Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How would offshoring affect the demand for high-skilled workers in the home country? (The home country is offshoring low labor intensive actives.) A) The relative

  1. How would offshoring affect the demand for high-skilled workers in the home country? (The home country is offshoring low labor intensive actives.)

A) The relative demand and the absolute demand for high-skilled workers would increase.

B) The relative demand would increase and the absolute demand would decrease.

C) The relative demand would decrease and the absolute demand would increase.

D) The relative demand and the absolute demand would decrease.

Can someone explain why the correct answer is A. I understand the relative demand for high-skilled workers would increase but do not understand why the absolute demand also goes up?

Thank you in advance!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Business Law

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Abril

6th Edition

1337404349, 978-1337404341

More Books

Students also viewed these Economics questions

Question

Answered: 1 week ago

Answered: 1 week ago

Question

Draw a picture consisting parts of monocot leaf

Answered: 1 week ago