Which of the Following Statements Accurately Expresses Evidence That Globalization

question 63

Multiple Choice

Which of the following statements accurately expresses evidence that globalization does not encourage a "race to the bottom" in labor standards?

• A)The wages paid by multinational firms to their poor countries' subsidiaries are higher than the wages paid in rich countries.
• B)Poor countries that participate in globalization have quickly become rich.
• C)Multinational firms tend to pay higher wages than local firms, but they tend to provide lower benefits than existed in the country prior to globalization.
• D)Multinational firms must sign contracts with the IMF stating that they will offer exceptional worker benefits.
• E)Multinational firms tend to pay higher wages than local firms and tend to provide greater benefits than existed in the country prior to globalization.

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Definitions:

Gastr/o

A prefix used in medical terminology referring to the stomach.

Ultra-

A prefix meaning beyond, excessively, or to an extreme degree, often used in scientific contexts.

Ante-

A prefix meaning before, used in various terms to indicate precedence in time or order.

Suffix

An addition to the end of a term that changes the grammatical function of the term.