Question

Critics of global sourcing maintain that it ________.

A) leads to reduced national competitiveness
B) results in job losses in host countries
C) enhances standards of living
D) causes production to drop drastically

Answer 1

Critics of global sourcing maintain that it can lead to reduced national competitiveness and job losses in host countries. They also express concerns about the concentration of wealth in the poorest countries and the negative impacts on political stability.

Step-by-step explanation:

Global sourcing is a process in which companies seek to find the lowest-cost options by moving their factories and jobs to other countries. Critics of global sourcing argue that it can have negative impacts, including reduced national competitiveness and job losses in host countries. The concentration of wealth in the poorest countries and the negative impacts on political stability are also concerns raised by critics. It is important to note that there are varying opinions on the effects of global sourcing, and these are some of the criticisms put forth by its opponents.