Many Consumers Experience the Benefits of Globalization, Including Lower Prices

question 32

Multiple Choice

Many consumers experience the benefits of globalization, including lower prices and access to exotic products; however, others are concerned with the massive expansion of companies such as Walmart. Why are these consumers concerned?

• A)because globalization will inevitably lead to inflation
• B)because globalization will cause living standards to increase at a slower rate
• C)because globalization causes some job loss as production shifts abroad
• D)because globalization has increased global wages

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