A. It can lead to job losses in some industries.
One major criticism of globalization is that it can lead to economic inequality, as the benefits of globalization are often disproportionately enjoyed by large corporations and wealthy individuals, while low-skilled workers and small businesses may be hurt by increased competition and outsourcing.
Globalization can also lead to cultural homogenization, as local cultures and traditions may be replaced by more dominant global cultures. In addition, globalization can lead to environmental degradation, as the pursuit of economic growth often takes precedence over environmental concerns.
Finally, globalization can lead to a loss of political and economic sovereignty for some countries, as they become more dependent on international trade and investment.