Workers in countries with higher productivity will be paid more than workers with lower productivity, even in countries that trade.

Question

Quizplus · Accepted Answer

This is because companies are willing to pay more for workers who can produce more in the same amount of time, and this higher productivity often results in higher profits. In a globalized economy, companies will seek out the most productive workers regardless of location and will pay them accordingly.

Workers in Countries with Higher Productivity Will Be Paid More