A U.S. firm that outsources jobs would be
A. Buying raw materials from a Chinese firm instead of a U.S. firm.
B. Buying computers assembled in Mexico that used U.S. parts.
C. Building a factory in Canada and hiring Canadian workers.
D. All of the choices are correct.
Answer: D
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Inaccurate prediction generally invalidates the use of theory in economics
a. True b. False Indicate whether the statement is true or false
At the equilibrium price, quantity demanded is equal to quantity supplied
a. True b. False Indicate whether the statement is true or false
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