What is one way that the low wages paid to workers in developing

Question

countries has had a negative effect on developed countries?
Workers in developed countries have experienced job loss.
Profits for multinational corporations have fallen.
Trade between developed and developing countries has decreased.
Consumers in developed countries have to pay more for imports.

Answer 1

One way that the low wages paid to workers in developing countries has had a negative effect on developed countries is that workers in developed countries have experienced job loss. This is often due to companies outsourcing jobs to take advantage of lower labor costs in developing nations, leading to reduced job opportunities locally.