Single Answer MCQ
Q-00045549

One major risk associated with globalisation is:

1

Improved standards of living for all

2

Greater vulnerability to global economic shocks

3

Increased self-sufficiency

4

Better access to technology

Answer and Solution

Answer

B. Greater vulnerability to global economic shocks

Solution:

Globalisation increases vulnerability to global economic shocks because economies are interconnected; when one is affected, it can have repercussions around the world. The other options do not address risks effectively.

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