In developing countries, labor is cheap and low wages are paid to employees. This enables firms to manufacture products at a low cost and, therefore, to fix low prices for them too. Such goods are exported because they become attractive in the international sphere due to their price. Domestic products from developed nations cannot compete in prices with those imports, because their production costs are much higher, specially the labor costs.
If domestic products cannot compete with imports, domestic firms will not be able to sell their products and this would lead to decrease in sales, a loss of profit and to an excess of employees that wil have to be dismissed.
<u>In absolute terms, low wages in a developing country reduce the production, income and employment levels in developed countries. </u>
The most important factor in making Mesopotamia's farmland fertile was the river that ran ran through it and flooded annually.
As in Mexico the democracy is the basis, the answer eill be c. elected by the people. This is also done in many latin aerican regions
The answer is one-fifth
Since the 1970s, the number of women who have enrolled in new doctorates in psychology has kept on increasing.
This was the post-war world in which a growing number of women were studying for higher education and making a name for themselves.
Since then, some of the most well-known and prominent psychologists in the world have been women.
