Question

How have the low wages paid in developing country manufacturing operations affected the number of manufacturing jobs in the high-wage Triad countries? (The Triad refers to the three centers dominating the world economy until the late 1990's: the United States (US), the European Union (EU) and Japan (JP).

Answer 1

es it is true that the lowest paid in developing country manufacturing operations affected the number of manufacturing jobs in the highways countries like the United States the European Union and Japan.
So what is the reason behind this it is just wage or the population is high in the developing countries no not exactly this is not the main reason the main reason is that everything that belongs to factors of production is extremely low in developing countries manpower resources the subsidies everything is so reasonable in comparison to the developed nation that’s the only reason developed Nations establish their manufacturing units in developing countries in the era of 1990 where everything is going to globalised and privatized then the developed Nations established not units in the underdeveloped for the developing Nations the production cost the cost of manufacturing is extremely low the developed nation just build up the brand The tag the brand on the produce goods with the help of low wage workers in in the underdeveloped Nations this is the main reason why developed nation minting money in billions but the condition and the position of developing countries remain same it is because of low sharing profit and low foreign direct investment from the side of developed nation in the on the developed and developing countries.