Question

According to globalization opponents, what is a disadvantage of globalization?

a. Free trade limits countries from specializing in the production of those goods and services that they can produce most efficiently
b. As a result of globalization, living standards of unskilled workers in developed nations have declined
c. Globalization results in companies "exporting jobs" to low-wage nations.
d. Globalization makes it difficult for poor countries to export more of their agricultural production.
e. As a result of free trade, the wage gap between developing and developed nations is broadening.

Answer 1

The correct answer is letter "C": Globalization results in companies "exporting jobs" to low-wage nations.

Step-by-step explanation:

Globalization has brought advantages and disadvantages. Outsourcing -the act of hiring abroad a third party company to perform production as in the hiring country to reduce costs- is a strategy that can benefit industries but nor employees. By outsourcing, a great number of job opportunities are being provided to foreign workers who might be less skilled than domestic employees but whose wages are lower.