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

The expansion of free trade and globalization has led to the decline of many high-paying manufacturing jobs in developed economies like the U.S. due to outsourcing and automation. This has been a major issue for workers in these nations, who have not necessarily benefited from globalization in the way that consumers and national economies have.

Which of the Following Is NOT One of the Benefits