Critics of Globalization Argue That It Eliminates Jobs and Lowers

question 21

True/False

Critics of globalization argue that it eliminates jobs and lowers wages in developed nations and exploits workers in developing countries.

---

Definitions:

China

A country in East Asia, the world's most populous nation, known for its rich cultural history and rapid modern economic growth.

Largest Net Recipient

A term most often used in economics or finance, referring to the entity or country that receives the most in net transfers or payments relative to what it provides.

Colonization

The act of establishing control over a foreign land and its people, often involving economic exploitation and cultural domination.

Britain

A geographical term that can refer to the island of Great Britain (comprising England, Scotland, and Wales) or, more broadly, the United Kingdom.