Yes, this makes Mexican workers more cost-effective than U.S. workers, keeping other things constant.
<u>Explanation:</u>
Minimum wage is the amount of money that an employee will get from his employer for working for an hour. This adds up to the total cost of the goods produced by the workers.
If the minimum wage of the workers in Mexico is less than the minimum wage received by the workers in the United States, it means that they are more cost effective and will lead to the production of the goods at a cheaper rate, keeping other things constant in the production process.
Answer:
The financial crisis is the breakdown of trust that occurred between banks the year before the 2008 financial crisis. It was caused by the subprime mortgage crisis, which itself was caused by the unregulated use of derivatives. The major causes of the initial subprime mortgage crisis and following recession include international trade imbalances and lax lending standards contributing to high levels of developed country household debt and real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non-depository financial institutions.
Explanation:
Hope this helps.
<span> define the powers of the executive branch</span>
Answer:
B. Actions to save lives, protect property and the environment, stabilize communities, and meet basic human needs following an incident.
Explanation:
Ideas of John Locke and de Montesquieu were influential because they appealed to:- the idea of popular sovereignty, - the idea that government should serve the people,- the ideas about equality, natural right and social contract between people and its government.
