The answer is that the premise must be  When productivity in emerging economies rises, so must wages--that is, the supposed situation in which these countries are able to produce sophisticated goods and services at rock-bottom prices never materializes.
If productivity rises then wages rise and there will never be very cheap goods.
mnli hypothesis: If productivity rises then wages rise and there will never be very cheap goods. premise: The answer is that the premise must be  When productivity in emerging economies rises, so must wages--that is, the supposed situation in which these countries are able to produce sophisticated goods and services at rock-bottom prices never materializes.