Antiglobalization Activists Are Opposed to Increased Trade Because of Three

question 159

Multiple Choice

Antiglobalization activists are opposed to increased trade because of three of these reasons. Which reason is NOT one of the three?

• A) Developing nations use child labor.
• B) Developing nations pay low wages.
• C) Developing nations employ workers with low human capital.
• D) Developing nations degrade the environment.

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Definitions:

Average Product

The output per unit of input, calculated by dividing total product by the quantity of input used in its production.

Marginal Product

The additional output generated by employing one more unit of a specific factor of production.

Total Product

The total quantity of output produced by a firm during a given period of time.

Labor Intensive

A production process that requires a higher proportion of labor compared to capital in the production of goods and services.