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5. In China, local governments are responsible for setting the minimum wages. In the United States, a network of federal laws, state laws, and local

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5. In China, local governments are responsible for setting the minimum wages. In the United States, a network of federal laws, state laws, and local laws set the minimum wages. How can this be associated with productivity and transformed into a comparative advantage? Why do governments set the living standards of the people by setting the minimum wage

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