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:

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Infographic

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