Which of the Following Has Been an Effect of Globalization

question 78

Multiple Choice

Which of the following has been an effect of globalization and a large trade deficit?

• A)Increased wages in the tradable sector.
• B)Increased employment in the tradable sector.
• C)Decreased employment in the tradable sector.
• D)Increased wages in the immigrant sector.

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Definitions:

Acquired Company

A company that has been purchased by another entity.

Trading Securities

Marketable securities that a company holds for the purpose of trading in the short term, with the intent of generating profit from price movements.

Fair Value

The estimated market value of an asset or liability, reflecting the price that two willing parties would agree to in an arm's length transaction.

Held-to-maturity

A category for debt securities that a company has the positive intent and ability to hold until maturity, reported at amortized cost.