Final answer:
The notion that rapid globalization does not affect individuals in high-income countries is false. Globalization brings about job competition, environmental concerns, and economic changes that impact both developed and developing nations.
Step-by-step explanation:
The statement 'Rapid globalization is unlikely to have an effect on you personally because you already live in a high-income country' is false. Globalization impacts individuals in high-income countries as well as those in developing nations. Economic development and population distribution in a country do not shield its inhabitants from these effects. For instance, job competition and environmental concerns are among the reasons globalization affects everyone around the globe, including those in economically developed regions that might face competitive threats from countries with lower cost structures.
Moreover, globalization can lead to economic shifts that affect employment, wages, and industries within high-income countries. Some sectors might experience job losses due to companies relocating to countries with lower labor costs, while others could gain from new global market opportunities. Thus, the interconnected economy means that changes anywhere can ripple effect everywhere, making global events relevant to people in all countries regardless of their income level.