Which of the Following Is NOT One of the Benefits

question 30

Multiple Choice

Which of the following is NOT one of the benefits that has been realized from the expansion of free trade and globalization?

• A) Workers in developed economies, such as the U.S., have benefited from increased employment in the high-paying manufacturing industries.
• B) There has been a reduction in poverty in developing nations due to globalization.
• C) Consumers have gained because of lower prices.
• D) National economies have gained because of increased economic efficiency.
• E) Workers in developing nations have gained from increased wages and employment.

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Definitions:

Annuity

An economic scheme that delivers fixed periodic earnings to recipients, usually serving as financial support for those retired.

Payments

Transactions where a good or service is exchanged for monetary compensation.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specific interest rate.

Future Cash Flows

The anticipated receivable or payable cash amounts of a company, used for investment analysis and financial planning.