Economics · Globalization
Which one of the following is a negative impact of globalization on the manufacturing sector in less developed countries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Access to global markets has enhanced the total quantum of exports.
- 2Low wages paid to workers have led to severe labor exploitation.✓
- 3Multinational companies are establishing plants to take advantage of local resources.
- 4Foreign direct investment in establishing manufacturing plants has substantially increased.
Correct answer
Low wages paid to workers have led to severe labor exploitation.
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