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>
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“It isn't what you earn but how spend it that fixes your class.”
Answer:
Cold weather
Explanation:
The reason that Alec should limit his driving time/distance in all of the following areas or conditions except for cold weather is because of a concept called temperature inversion. Temperature inversion means that in winter season there is a warm layer of air trapped between two cold layers of air. This happens in winter as the air at altitude is always cold but now the surface temperature or air is also cold. Hence, the warm air above the surface and at lower altitude traps air pollutants contributing to smog occurrence. This is a natural phenomenon and therefore, Alec cannot reduce the chance that he will contribute to a major smog occurrence during cold weather by limiting his driving.
