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The falling cost of international business travel and communication motivates highly-skilled workers who live in developed countries to spend more of their time co-operating with less-skilled workers in developing countries. This tends to narrow the gap between developed and developing countries...
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The plummeting cost of international business travel and communication has enabled highly-skilled workers resident in developed countries to become increasingly involved in production in developing countries, where they can co-operate with less-skilled workers whose wages are lower than those of...
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The theoretical insights of Heckscher and Ohlin, Feenstra and Hanson, and Tang and Wood between them provide a plausible explanation of the varied effects of globalisation on wage inequalities in developed and developing countries. In combination, these three theories can explain, among other...
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