Which of the following best explains how current globalization trends have affected labor markets?(1 point)

Responses

As manufacturing moved, China has increased its supply of labor to the production of raw materials.
As manufacturing moved, China has increased its supply of labor to the production of raw materials.

Globalization has created new jobs as the demand for call center workers increased in Vietnam.
Globalization has created new jobs as the demand for call center workers increased in Vietnam.

Globalization has caused an increase in the supply of labor to manufacturing jobs in the U.S.
Globalization has caused an increase in the supply of labor to manufacturing jobs in the U.S.

As manufacturing moved from the West to the East, the demand for labor in production in the East increased.

1 answer

The response that best explains how current globalization trends have affected labor markets is:

As manufacturing moved from the West to the East, the demand for labor in production in the East increased.

This statement accurately reflects the shift in manufacturing due to globalization, which has led to increased job opportunities and labor demand in countries like China and other parts of Southeast Asia as companies seek lower production costs.