Question

Lubour is cheeper in developing country because

Answer 1

Answer:

The nations with the lowest rates include Romania, Lithuania, Hungary and Latvia. In the global scale, the lowest average hourly labor costs can be found in Vietnam ($3), India ($2.5) and Indonesia (mere $0.8).

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Answer 2

Answer:

Wages are low in developing countries because workers there are not as productive as workers here. Increasing productivity (i.e., more output for the same quantity of input) is essential to higher wages and improved social well-being. ... These workers flee from other, less attractive sectors of the economy.♡