A Drawback of Globalization Is

question 7

Multiple Choice

A drawback of globalization is

• A) decreasing immigration.
• B) increasingly illiberal trade policies.
• C) the rise of illegal markets for drugs and intellectual property.
• D) the inability of MNCs to compete across multiple countries.
• E) the global decline in average wealth per person.

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Definitions:

Local Governments

Public administrations operating at the municipal, township, county, or regional level that manage local affairs, regulations, and services.

Property Tax

A levy on property that the owner is required to pay, with the amount usually based on the property's value.

Euro

The official currency of the eurozone, which is used by 19 of the 27 European Union member states.

French Goods

Products manufactured in France, known for their quality in sectors like fashion, wine, and luxury items.