Single Answer MCQ
Q-00015766

How can globalization affect employment levels in developed countries?

1

Always increases employment

2

Leads to job losses in certain sectors

3

Has no effect on employment

4

Increases jobs in fossil fuel industries

Answer and Solution

Answer

B. Leads to job losses in certain sectors

Solution:

Globalisation can lead to job losses in certain sectors of developed countries, especially in manufacturing, as companies may outsource jobs to countries with lower labor costs.

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