"It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Assuming that the statement above fails to connect wages and productivity, which of the following statements is true? A. It is cheaper to produce all goods in China because wages are lower there. B. It is cheaper to produce some goods in the U.S. because an absolute advantage exists here. C. It is cheaper to produce all goods in China because technology is more advanced there. D. It is cheaper to produce some goods in the U.S. because productivity is higher here. E. It is cheaper to produce all goods in China because more workers are available there.

If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.

Productivity is defined as how effectively a production process is. It is the ratio between output and input used.

If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.

The United States will be able to maximise inputs used in the production process to give higher output.

marvineetesh3 marvineetesh3 · Answer 2 · 2025-03-29T15:10:24-04:00

The true statement based on the above situation is that, It is cheaper to produce some goods in the U.S. because productivity is advanced here.

What is the productivity?

Productivity is the quantitative relation between output and input applied. It is defined as how effectively a production process is. It is the ratio of manufacture of goods or services shown by any measure.

If the statement given in the above situation fails to link up wages and productivity, it conveys that despite China having many groups consenting to work for down wages, it does not convey they are overmuch productive.

If with the bigger workforce, China has low productivity than it will be inexpensive to make goods in the United States that has an advanced productivity and

The US will be capable to maximize inputs used in the production process to give advanced output.

Therefore, option D is correct.

Learn more about productivity, refer to:

https://brainly.com/question/1969315