Adopting labor regulations from developed nations in least developed countries (LDCs) is likely to result in an increase in which of the following?

Choose the correct answer

Explanation

Implementing labor standards from wealthy countries in LDCs can raise operational costs for businesses, potentially leading to reduced employment and higher poverty rates rather than improving equality, job availability, or human development.

Adopting labor regulations from developed nations in… — The Meaning and Measurement of Economic Development | PakQuizHub