Answer to Question #231061 in Microeconomics for Ntwanano

Question

How does globalisations affect the demand for high and low skilled workers across the globe

Answer 1

The high demand for high skilled and low skilled workers is as a result of the increased capacity of developing countries to create new opportunities for work. There’s increased job creation which depends on the size and type of investment, the type of technology adopted and the capacity of the host country to master the imported technology and adapt it to its needs.