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:
Explanation:
Roosevelt appealed to people's sense of how governments should treat their people. Roosevelt appealed to people's sense of pride in being an American. Roosevelt reassured people that the goal was not to enter the war if it could be helped.
The geosphere is considered that portion of the Earth system that includes the Earth's interior, rocks and minerals, landforms and the processes that shape the Earth's surface. The Earth itself (contrary to Christopher Columbus) is not a perfect sphere.
So the question ask to find and calculate the value of the property taxed that is omitted in the said problem and the best answer among the choices is letter C. $1,600. I hope you are satisfied with my answer and feel free to ask for more if you have further clarification and question.
South Carolina, Mississippi, Florida, Alabama, Georgia, Louisiana, Texas,
