A developed-country firm transfers production overseas. Which worker is most likely to face an immediate cost?
A consumer buying the cheaper imported product
A worker newly recruited by the overseas supplier
A shareholder receiving higher profit
A worker employed in the firm's closed domestic factory
49 exam-style questions on OCR GCSE Economics 4.4 Globalisation, covering 4.4.1 What is globalisation, 4.4.2 Measuring development, 4.4.3 Globalisation in developed countries, and 4.4.4 Globalisation in less developed countries. Each one has a worked solution and a mark scheme showing where the marks go.