Expansions in globalization and the reduction of worldwide trade barriers during the 1980s and 1990s most likely had what effect on the demand for U.S. labour?        Group of answer choicesThe demand for unskilled and skilled workers decreased.The demand for unskilled workers decreased, while the demand for skilled workers increased.The demand for unskilled workers increased, while the demand for skilled workers did not change.The demand for unskilled and skilled workers increased.The demand for unskilled workers increased, while the demand for skilled workers decreased.

Which of the following trends affecting U.S. workers has resulted from the expansion of the global economy?A.tighter governmental control over the economyB.fewer opportunities for many workers in the United States due to global competition and outsourcing abroadC.better working conditionsD.higher living standards for all

The shift of industry to developing countries has resulted in –Group of answer choicesa lower standard of living in developing countries.higher unemployment in developing countries.an industrial decline in the United States and Europe.tighter trade restrictions across the globe.

The ______ among countries were dramatically increased with the advent of free trade areas in the 1990s.Select one:a.multinational corporationsb.economic interconnectionsc.organizational boundariesd.economic turmoil

Which one of the following WAS NOT associated with the recessions that slowed down the U.S. economy during the 1970s and early 1980s?Group of answer choicesInflation and rising unemploymentDeindustrialization of the Manufacturing BeltThe end of cheap oil with the "oil shocks"Increasing competition from China

Examine how technology and globalisation may affect wage rates in developed countries. Use an appropriate labour market diagram in your answer.