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10 July, 13:34

Why does the US textile industry lose jobs to foreign countries

Options:

A other countries have more advanced technologies in their textile mills

B cheap imports can force US companies out of business

C US textiles companies can make more money in sourcing jobs to foreign countries

D some foreign countries have better working conditions

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Answers (1)
  1. 10 July, 16:36
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    C. US Textiles companies make more money in sourcing jobs to foreign countries is the correct answer.

    Explanation:

    The US lot jobs to other countries because the labour intensive work is cheaper in other countries. But in US there is a minimum wage system and the employers cannot pay less than that. The dyeing of clothes which involves toxic material is also easier and cheaper in the countries where there is less environmental restrictions, both labour and environmental laws are lax in other countries and workers in third world countries accept less salaries and work in poor condition it all makes the production cheaper and widens the profit margin.
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