Wages should definitely be regulated on an international basis.
It would prevent one of the most harmful aspects of the free market, which is giving competitive advantage to a state that makes its citizens slaves while others that actually adhere to human rights standards suffer.
It would move U.S. and EU demand for manufacturing goods from Mexico to Canada, for instance.
Didi you miss the comment about relativity in terms of economics?
Toronto will transform into a ghost town if the wage rate payable there is also the same as say, Ixtapa or Cancun?... Who in their right mind would stay in a major city when you can buy 5 homes for the cost of 1 house in TO?
I will give Ontario as a prime example. With over 50% of the provincial budget allotted for labour.
Seriously?!