Globalisation Is Criticised Because

question 14

Multiple Choice

Globalisation is criticised because:

• A) it destroys industries in advanced countries.
• B) it leads to the exploitation of workers in developing countries.
• C) A and B.
• D) none of the above.

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Definitions:

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay the loan.

Inadequate

Lacking the quality or quantity required; insufficient for a purpose.

Assets

Economic resources owned or controlled by an individual or entity, expected to produce future benefits.

Default

The failure to fulfill a financial obligation, such as not making the required payments on a loan.