They 30 minutes to present their evidence
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>
Answer:
Semantic Memory
Explanation:
Facts learned in classes at school become part of the semantic memory
Silk Road:
The Silk Road specifically refers to the trading land routes that connects East and Southeast Asia to South Asia and Persia followed by Arabian Peninsula, East Africa and finally Southern Europe.
This network was regularly used from 130 BCE and part of that road is still in existence as a paved highway that connects Pakistan and the Uygur.
Chinese are the one who first started trading in this road and as its name indicates it is mainly used as a trade route for trading silks.
Hence this ancient road played a major role on times when it was constructed.
I have mixed feelings about it. The Indian Act, which was enacted in 1876 and has since been amended, allows the government to control most aspects of aboriginal life: Indian status, land, resources, wills, education, band administration and so on. Inuit and Métis are not governed by this law.
