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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Definitions:

Hypnosis

A trance-like mental state in which a person becomes highly suggestible and is able to focus intensely on a specific thought or memory, excluding any other thoughts.

Somniloquy

The act of talking during sleep, a type of parasomnia that can occur in any stage of sleep.

Somnambulism

The scientific term for sleepwalking, a condition in which a person, while asleep, performs activities that are usually only performed while in a state of full consciousness.

Meditation

The attainment of a peaceful state of mind in which thoughts are not occupied by worry; the meditator is mindfully present to their thoughts and feelings but is not consumed by them.