asked 186k views
4 votes
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

asked
User Sashay
by
8.3k points

1 Answer

4 votes
A. Increased mobility allows producers to move jobs to lower cost labor markets
answered
User Daisy
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.