Supporters of Globalization Insist That Dislocation in the Form of Lost

question 37

Multiple Choice

Supporters of globalization insist that dislocation in the form of lost jobs is a trade-off that will ultimately lead to the economy being better off. Which of the following is being justified in this case?

• A)Protectionism and retaliatory trade policy
• B)Free trade of goods and services
• C)Rise of communism
• D)High tariff on imports of manufactured goods
• E)The need to be a self-contained nation

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Definitions:

Job-Related Skills

Specific abilities and knowledge required to perform particular tasks or duties in a job.

Rewards

Benefits, both tangible and intangible, given to individuals or groups as recognition for their efforts and achievements.

Timeliness

The quality of being done or occurring at a favorable or useful time; appropriateness to the time or occasion.

Performance Contingency

The concept that employee performance outcomes are contingent upon certain conditions or factors.