Which is a direct result of globalization?
A. Wealth inequality in developing countries
B. Job losses in new globalizer countries
C. Higher prices in all countries
D. Higher wages in developed countries
Higher wages in developed countries is a direct result of globalisation.
Option: (D)
Explanation:
In order to make the economies of the nations prosper, most developed western countries expanded the ranges of their search of talent and offered great opportunities of work in their countries.
Hence, as a result of globalisation, the discipline of talent acquisition grew tremendously. Organisations from around the world began hiring meritorious candidates from different countries. To attract such candidates, the organisations increased the wages and planned to fetch more profits through putting to use the talent of such candidates.
