According to the Opponents of Globalization,which of the Following Occurs

question 17

Multiple Choice

According to the opponents of globalization,which of the following occurs as a result of worker dislocation brought about by globalization?

• A) increased labor costs for companies
• B) lower workers' wages in developed nations
• C) surfeit of jobs in developed nations
• D) increased investment in individual education

---

Definitions:

Novation

The process of replacing an obligation to perform with a new obligation or replacing a party to an agreement with a new party.

Statutory Assignment

An assignment of rights that an assignee may enforce if certain conditions are met by the assignment.

Equitable Assignment

An assignment that could be enforced if all parties could be brought before the court.

Constructive Trust

An equitable remedy that imposes a trust-like obligation on someone who has wrongfully obtained or holds legal property rights.