Single Answer MCQ
Q-00015787

What is the likely impact of globalisation on unskilled workers?

1

More job security

2

Improved working conditions

3

Increased competition and job loss

4

Higher wages across sectors

Answer and Solution

Answer

C. Increased competition and job loss

Solution:

Unskilled workers often face increased competition, which can lead to job loss as firms seek cheaper labor globally. Other options are not representative of typical outcomes.

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