Critics Argue That Open Trade and Foreign Direct Investment Always

question 52

True/False

Critics argue that open trade and foreign direct investment always take jobs from workers in developing economies and transfer them to workers in advanced industrial countries which leave the workers in the developing country,out of work.

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Definitions:

Bystander Effect

Bystander Effect is a social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present, often due to the diffusion of responsibility.

Helplessness

A state of being unable to act or achieve goals due to perceived lack of control, often resulting in decreased motivation.

Social Anxiety

The fear of social situations that involve interaction with other people, often driven by fear of evaluation or scrutiny.

Enhancing Attributional Style

The practice of nurturing a way of explaining personal and others' behaviors in a positive, empowering manner to improve psychological well-being.