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Equalization Of Wages Sample Assignment

QUESTION: Discuss factors that affect the equalization of wages across countries. To what extent to you expect to see wage differentials between the United States and other countries decline over time? Would you expect the differentials to be completely eliminated? 

 

Ans Wages can different across the countries because of different rate of economic growth or development or due to the exploitation of natural resources , differences in the rate of adoption of technological changes and the stability of political and legal institution also affect growth rate in wages , the gap in wages may provide an incentive for those living in a low wage region to move to high wage region and this is the most important factor which is leading to the equalization of wages across the nations trade liberalization is also a important factor which has contributed in the wage equalization with the passage of time the differences in the wage rate between USA and other countries have come down as of now all the countries are forwarding towards growth and advancement and globalization and liberalization has also lead to the equal growth and development opportunities to all the nations which has added to a great extent in the equalization of wages among different nations

Other Sample Assignments in Economics Homework Assignment :

Manufacturer Production Function	Price Elasticity Of Supply
Equalization Of Wages	Equilibrium Price Of Commodity
Poverty In India	Gross National Product
Consumption At Different Levels	Gross Domestic Product
Investment Decision	Expected Raturn
Level Of Income	Saving Equation
Equilibrium Level of Income	Equilibrium Level of National
Equilibrium GDP	Equilibrium level of GDP
Autonomous Investment	Calculate The Equilibrium GDP
Government Expenditure	Equilibrium Gdp Of Economy
Hypothetical Information	Equilibrium GDP Government
Equilibrium Level Of Inceome	Equation For Monetary Equilibrium
Calculate Saving Function	Equilibrim Level Of Income
Regardless Of The Level Of Income

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