Why does globalization lead to a reduction in wages in developed countries?
A.
Increased...
Social Studies, 06.05.2020 03:46 Fredo10
Why does globalization lead to a reduction in wages in developed countries?
A.
Increased mobility allows producers to move jobs to lower-cost labor markets.
B.
A high volume of international trade reduces the demand for skilled labor.
C.
Globalization results in lower prices that give workers greater purchasing power.
D.
Labor unions have moved their operations to developing countries.
Answers: 3
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