Given the fact that NAFTA is now effective in the U. S., Mexico, and Canada, an American company that has its production plant in Sri Lanka will be willing to relocate its production plant to Mexico mostly because:.1. Mexico has lower wages than Sri Lanka.
2. it will enable the company to get an entirely western consumer base for its products.
3. workers in Mexico are more skilled than those in Sri Lanka.
4. moving finished goods from Mexico to the United States is cheaper and faster than moving them from Sri Lanka.
5. it will improve the image of its goods

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.