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Why does globalization give countries an incentive to reduce wages for their workers?
Wiki User
∙ 15y ago
Lower production costs help lure foreign investment.
Wiki User
∙ 15y ago
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What are the most important steps developed countries could tke to help reduce levels of atomospheric carbon dioxide?
no
What is cuba doing to reduce their air pollution?
Cuba, like many other countries, is taking care to reduce air pollution. They are reducing the number of cars on the streets, and are also looking into reducing output from factories.
What policies and agreements are in place to control the emissions of greenhouse gases?
The Kyoto Accord is an agreement ratified by almost all world countries. Different countries have their own local policies, for example, Australia has a price on carbon emissions that is paid by the biggest polluters. They are thus encouraged to reduce their emissions.
Do plants reduce or oxidize carbon?
reduce
Who is trying to stop ice caps from melting?
People all over the world are trying to cut carbon dioxide emissions, to slow the rate of global warming, which is melting the ice caps. Most countries have set a target to reduce their emissions. Unfortunately very few countries are on track to reach their target.
Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
Why does globalization give countries an incentive to reduce wages for workers?
Lower production costs help lure foreign investment.
Why does globalization give countries an incentive to reduce wages their workers?
Lower production costs help lure foreign investment--apex
Does globalization reduce national sovereignty in economic policy-making?
No, globalization does not reduce national sovereignty in economic policy making. In fact, globalization has been shown to strengthen incentives for governments to create a stronger economy.
How does the electoral college reduce people incentive to vote?
good day
When workers intentionally reduce their productivity it is called a .?
When workers intentionally reduce their productivity, it is called a slowdown.
What US company is the best example of using globalization to reduce the price of its products?
Walmart
When workers intentionally reduce their productivity it's called an?
When workers intentionally reduce their productivity, it is called "work slowdown" or "strike tactics." This can be a form of protest or negotiation tool used by workers to address grievances or push for better conditions.
Disadvantage of globalization?
Countries and businesses must reduce wages paid to workers in order to attract foreign investment.
DO Many companies use variable costing for internal reporting to reduce the undesirable incentive to build up inventories?
T
How can interest rates influence AD?
reduce interest rates to increase incentive to buy/spend and hence increasing AD
Who is responsible for the incentive for Maytag to move to Mexico?
The consumers: people always looks for cheaper products, so many companies need to reduce costs unless they risk getting out of business. Countries like China or Mexico have much lower wages so these companies typically close their factories in the US and move to these countries.
