Re: "accept the wages offered in less developed nations"
Right on! You are the first to mention that offshoring was started by gready US capitalists, not by foreign countries. Very few in EU is interested in gas-guzzling 6.0 liters monster trucks so no we don't buy your cars. Or your hormone induced meat. We have rules to protect our citizens. And every company needs to comply.
There maybe is a reason that the US prefer EU made quality (spanish ham, Italian parmesan, german cars) if they can afford. Thus you have a trade deficit.