Discuss the effect on the number of people employed

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Increased outsourcing to India by firms in the United States and other developed countries has driven up the wage of some Indian skilled workers by 10% to 15%.

With the aid of a supply and demand diagram, briefly explain the change (if any) in the market for American skilled workers given the change that is reported above. Make sure to discuss the effect on the number of people employed.

Reference no: EM131424615

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