Which of the following is NOT one of the benefits that has been realized from the expansion of free trade and globalization?
A) There has been a reduction in poverty in developing nations due to globalization.
B) Workers in developed economies,such as the U.S. ,have benefited from increased employment in the high-paying manufacturing industries.
C) Consumers have gained because of lower prices.
D) National economies have gained because of increased economic efficiency.
E) Workers in developing nations have gained from increased wages and employment.

Question

Quizplus · Accepted Answer

Workers in developed economies have often faced job losses in manufacturing due to companies relocating production to countries with lower labor costs, rather than benefiting from increased employment in high-paying manufacturing industries.

Which of the Following Is NOT One of the Benefits