Sentences with phrase «establish a principle wage»
He also expressed doubt about the concept of embedding wage standards in a trade agreement:» It would establish a principle wage norm in free trade agreements, which is certainly outside the spirit of the World Trade Organization.»
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To apply such a principle to a market economy, the law should first specify the wage required to maintain the worker in his social position as the price of the commodity he produces should then adapt to the cost structure so established.