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Minimum Wage and the exchange rate

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With almost all clothing, electronics, cast metal items and computer problem calls now made off shore, do you think that one day, every employee in the world will be making the same minimum wage, adjusted for the exchange rate? Why?

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Solution Summary

This solution provides the learner with a discussion on the minimum wage and whether everyone globally will be earning the same amount of money as the minimum was is adjusted for the exchange rate

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No I do not believe that one day everyone will be making the same minimum wage adjusted fro the exchange rate. Although globalization is manifesting itself through the ...

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