As labour markets are integrated globally, all workers in comparable jobs are paid the same wages.

Question

Quizplus · Accepted Answer

Labour market integration does not necessarily lead to equal pay for comparable jobs, as wage rates are influenced by a multitude of factors, such as skill level, productivity, demand and supply, as well as institutional and legal frameworks. Moreover, uneven distribution of bargaining power among different employment groups and unequal treatment of workers based on social, cultural, and gender identities can also contribute to wage disparities.

As Labour Markets Are Integrated Globally, All Workers in Comparable