According to Critics of Globalization,what DISADVANTAGES Result from Increased International

question 70

Multiple Choice

According to critics of globalization,what DISADVANTAGES result from increased international trade?

• A) Multinational corporations will increasingly shape the policies of governments.
• B) More consumer goods will be produced.
• C) Prices of goods and services will decline.
• D) People will gain exposure to different cultures.

---

Definitions:

Average Total Cost

The total cost of production divided by the quantity produced, indicating the cost on average of producing each unit.

Mixers

Devices or software used to blend or combine various audio or other elements into a coherent whole.

Cakes

Baked desserts that are usually sweet, made from ingredients such as flour, sugar, and eggs.

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm operates on a larger scale due to inefficiencies that arise.