One of the reasons that firms seek to employ people in other countries is the relative cost of labor. Visit the US Bureau of Labor Statistics website and scan the available comparison data for international compensation
(http://www.bls.gov/fls/flshcaeindnaics.htm).
Which countries have the lowest wages? Which have the highest? Why wouldn’t companies always locate their operations where labor costs are the lowest?
(minimum 450 words, maximum 600 words, APA format, Cover Page, Abstract, Conclusion, References and Citations)
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