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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