If a Chinese worker earns $1.00 a day,then goods produced by this worker will cost less than the same goods produced by an American earning $18.00 an hour.

Name: If a Chinese worker earns $1.00 a day,then goods produced by this worker will cost less than the same goods produced by an American earning $18.00 an hour.
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Wage costs are neither all of the production costs nor all of the labor costs, and labor can also exhibit differences in productivity.

If a Chinese Worker Earns $1