Which of the following is not ensured to the consumer in the globalization?

Lower prices
Better selection
Clear origin of goods and services
Improved service

The correct answer is: C. Clear origin of goods and services

Globalization is the process of increasing interconnectedness between countries and people. It has led to a number of benefits for consumers, including lower prices, better selection, and improved service. However, it has also made it more difficult to trace the origin of goods and services. This can be a problem for consumers who want to be sure that they are buying products that are made in a responsible way.

Here is a brief explanation of each option:

  • Lower prices: Globalization has led to lower prices for consumers in a number of ways. First, it has increased competition between businesses, which has forced them to lower their prices in order to attract customers. Second, it has made it easier for businesses to source goods and services from low-cost countries. Third, it has made it easier for businesses to ship goods and services around the world, which has reduced the cost of transportation.
  • Better selection: Globalization has also led to a better selection of goods and services for consumers. This is because it has made it easier for businesses to import goods from all over the world. As a result, consumers now have access to a wider range of products than ever before.
  • Improved service: Globalization has also led to improved service for consumers. This is because it has made it easier for businesses to communicate with customers and to provide them with support. As a result, consumers can now expect a higher level of service from businesses than ever before.
  • Clear origin of goods and services: However, globalization has also made it more difficult to trace the origin of goods and services. This is because goods and services can now be sourced from a variety of countries, and it can be difficult to determine where they were actually made. This can be a problem for consumers who want to be sure that they are buying products that are made in a responsible way.