Why does globalization lead to reduction in wages in developed countries?

The answer is because of i ncreased mobility that permits producers to move jobs to lower-cost labor markets. Individuals frequently connect globalization to the decrease in relative wages of laborers in the propelled economies. One spotlights on the part of the cost of imports in bringing down the costs of items and subsequently bringing down wages. The second uses the amount as opposed to the cost of imports as a measure of the power of import rivalry.