The Only Reason That Low-Skilled Workers in Developing Countries Earn

question 258

True/False

The only reason that low-skilled workers in developing countries earn significantly less than low-skilled workers in developed countries is that there is a much higher supply of low-skilled workers in developing countries which in turn pushes wages lower.

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Definitions:

Expensive Bidder

A term that does not correspond to a specific widely recognized concept in business or economics, thus NO.