Answer:
Yes. I agree
Explanation:
Due to a fall in barriers to international trade, companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries with lower labor rates so that they can reduce their manufacturing costs.
This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.
Yes. I agree that lower global trade barriers result in the loss of manufacturing employment in affluent advanced nations.
Companies in affluent advanced nations are increasingly finding it simpler to relocate their production process to countries with cheaper labour rates in order to decrease their production costs, thanks to fewer trade barriers.
As a result of this transition, manufacturing corporations in affluent advanced nations have curtailed job possibilities, putting people in this field at a disadvantage.
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