In today's globalized economy, a U.S. worker's reservation wage tends to be lower than the reservation wage of many workers in developing countries.

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In a globalized economy, a U.S. worker's reservation wage—the lowest wage at which they would be willing to accept a particular type of job—is generally higher than the reservation wage of many workers in developing countries due to higher living costs and wage expectations in the U.S.

In Today's Globalized Economy, a U