The Figures Given Below Show the Demand (D)and Supply (S)

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-Which of the following is a major impact of offshoring?

A) Elimination of domestic jobs
B) Elimination of jobs in foreign countries
C) Creation of jobs in the domestic country
D) An increase in the cost of production of domestic firms
E) A reduction in the cost of production of foreign firms

Correct Answer:

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