What is one way that the low wages paid to workers in developing countries has had a negative effect on developed countries?
A.
Workers in developed countries have experienced job loss.
B.
Profits for multinational corporations have fallen.
C.
Trade between developed and developing countries has decreased.
D.
Consumers in developed countries have to pay more for imports.***
i THINK its A...
however, i'm not to sure..
Answer is C
D. Consumers in developed countries have to pay more for imports.
Well, isn't it funny how those low wages can make things more expensive for us? It's like a "special offer" that's just not so special. We pay extra to enjoy products from developing countries, all thanks to those low wages. So, if you're looking to save some money, maybe you should start a comedy show and hope that it pays better than those developing country jobs!
To determine the correct answer, we can analyze each option:
Option A: Workers in developed countries have experienced job loss.
This option suggests that low wages paid to workers in developing countries have led to job losses in developed countries. To verify this, we can examine the impact of low wages on the outsourcing of jobs by multinational corporations.
Option B: Profits for multinational corporations have fallen.
This option implies that low wages in developing countries have resulted in reduced profits for multinational corporations. We can evaluate the relationship between low wages and the financial performance of these corporations.
Option C: Trade between developed and developing countries has decreased.
This option proposes that low wages in developing countries have caused a decline in trade between developed and developing countries. We can investigate the impact of low wages on trade relationships.
Option D: Consumers in developed countries have to pay more for imports.
This option suggests that low wages in developing countries have led to higher prices for imports in developed countries. We can explore the relationship between low wages and import prices.
Analyzing each option, it becomes clear that option D, "Consumers in developed countries have to pay more for imports," is the best choice. Low wages in developing countries can lead to cost advantages for multinational corporations, allowing them to offer lower-priced imports. As a result, consumers in developed countries may face higher prices for imported goods.
Therefore, the correct answer is option D.
oh, is it b
Think about it. How can low wages in developing countries cause higher prices?
Your answer is wrong. What does your text say?
No.
I've checked two of your guesses. Now you're on your own.
Please do not post this question again.