Which of the following best describes the effect globalization has had on some American and Canadian workers?(1 point)

Question

Responses

Many must pay higher prices charged for imported goods.

Many must pay higher prices charged for imported goods.

Many are employed by foreign companies manufacturing in North America.

Many are employed by foreign companies manufacturing in North America.

Many have lost jobs because companies offshores their production.

Many have lost jobs because companies offshores their production.

Many have had to emigrate to follow jobs that were moved overseas.

Answer 1

The response that best describes the effect globalization has had on some American and Canadian workers is:

Many have lost jobs because companies offshore their production.

This statement highlights a significant impact of globalization, where companies may relocate their manufacturing or service operations to countries with lower labor costs, resulting in job losses for workers in the U.S. and Canada.