Which of Following Is Correct Regarding the Impact of Globalization

question 2

Multiple Choice

Which of following is correct regarding the impact of globalization on the Canadian market?

• A) The labour demand in the Canadian market will decrease.
• B) If Canadian labour and foreign labour are close substitutes, cheaper foreign labour will lead to scale effects, which may increase the demand for Canadian labour and foreign labour.
• C) The labour demand in the Canadian market will increase.
• D) If Canadian labour and foreign labour are complements, cheaper foreign labour will lead to scale effects, which may increase the demand for Canadian labour and foreign labour.
• E) Due to global competition, due to the change of product price, productivity of Canadian labour will decrease.

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Loan Covenants

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Efficient Market Investors

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Financial Statement Data

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