match the scenarios to the factors that affect the labor market. foreign direct investment outsourcing…

match the scenarios to the factors that affect the labor market. foreign direct investment outsourcing immigration carlos is moving from mexico to the united states because he got a job in a bank. he had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most american workers, even though he has the same qualifications. a us supermarket chain is going to open a few supermarkets in europe because a recent survey showed that the chain has a huge potential for profits in europe. a renowned us information technology firm has recently signed a contract with a company based in the philippines. the filipino company will handle the accounts of the us firm. the us firm made this decision to reduce labor costs

match the scenarios to the factors that affect the labor market. foreign direct investment outsourcing immigration carlos is moving from mexico to the united states because he got a job in a bank. he had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most american workers, even though he has the same qualifications. a us supermarket chain is going to open a few supermarkets in europe because a recent survey showed that the chain has a huge potential for profits in europe. a renowned us information technology firm has recently signed a contract with a company based in the philippines. the filipino company will handle the accounts of the us firm. the us firm made this decision to reduce labor costs

Answer

Brief Explanations:

  1. Carlos moving from Mexico to the US for a job is immigration as it involves a person moving to a new country for employment.
  2. A US supermarket chain opening supermarkets in Europe is foreign - direct investment as it's a company investing in a foreign market to expand its business.
  3. A US IT firm contracting a Philippine company to handle its accounts is outsourcing as it involves sending work to an external company in another country to reduce costs.

Answer:

  1. Carlos scenario: immigration
  2. US supermarket chain scenario: foreign direct investment
  3. US IT firm scenario: outsourcing