What is one way that the low wages paid to workers in developing countries has had a negative effect on developed countries?

(1 point)
Responses

Workers in developed countries have experienced job loss.

Workers in developed countries have experienced job loss.

Profits for multinational corporations have fallen.

Profits for multinational corporations have fallen.

Trade between developed and developing countries has decreased.

Trade between developed and developing countries has decreased.

Consumers in developed countries have to pay more for imports.

1 answer

The correct response is: Workers in developed countries have experienced job loss.

Low wages paid to workers in developing countries can lead to outsourcing, where businesses move jobs to countries with cheaper labor, resulting in job losses for workers in developed countries.