Which of the Following Is an Argument for Globalization

question 68

Multiple Choice

Which of the following is an argument for globalization?

• A)Poor countries compete for multinational firms by allowing lax environmental standards.
• B)Multinational firms tend to pay lower wages than local firms.
• C)The benefits of globalization to all consumers greatly outweigh the loss of jobs to international competition.
• D)Removal of restrictions against agricultural products would cause workers in rich countries to lose their jobs.
• E)The increased integration of the world's economies has been associated with lax environmental and labor standards in most countries.

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Definitions:

Competency Skill

A demonstrated ability or skill that enables a person to perform job-specific functions successfully and efficiently.

Time Management

The process of organizing and planning how to divide one's time between various activities to optimize productivity and efficiency.

Being Organized

The practice of keeping one's space, items, and tasks in order and systematically arranged for efficiency.

Prioritizing

The action of arranging or dealing with tasks, problems, or opportunities in order of importance, often to manage time and resources effectively.