Examlex

Solved

The Entry of China and Other Developing Countries into the Global

question 100

Multiple Choice

The entry of China and other developing countries into the global economy ________ the wages of low-skilled workers and ________ the wages of high-skilled workers in the United States.


Definitions:

Karl Marx

A 19th-century philosopher, economist, and political theorist known for his critiques of capitalism and his development of the theory of communism.

Savings

Funds that are set aside by individuals or entities, often in financial institutions, for future use or investment.

Inheritance Laws

Legal statutes and regulations that govern the distribution of a deceased person's estate among their heirs or designated beneficiaries.

Middle East

A region that broadly includes countries in Western Asia and parts of North Africa, known for its strategic geopolitical significance.

Related Questions