Identify a few disadvantages of global trade

What will be an ideal response?


ANSWER: Many people fear world trade and globalization because of the following disadvantages: Millions of Americans have lost jobs due to imports, production shifts abroad, or outsourcing of tech jobs. Some people find new jobs, but they often pay less than their old jobs. Millions of others fear losing their jobs, especially at companies operating under competitive pressure. Employers often threaten to outsource jobs if workers do not accept pay cuts. Service and white-collar jobs are increasingly vulnerable to operations moving offshore.

Business

You might also like to view...

One of the substitutes for traditional organizing is to conduct ________, which bring(s) financial, political, or public pressure on employers during union organization and contract negotiation.

A. social campaigns B. associate campaigns C. corporate campaigns D. indirect provisions E. collective coercion

Business

The benefits of e-procurement include access to new suppliers, lower purchasing costs, and more time-efficient order processing and delivery

Indicate whether the statement is true or false

Business

The retail training method that involves active participation by trainees is _____

a. sensitivity training b. video c. lecture d. pre-training

Business

For an "equal" constraint, only points ________ are feasible solutions

Fill in the blanks with correct word

Business