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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