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One Concern Frequently Voiced by Globalization Opponents Is That Falling

question 36

True/False

One concern frequently voiced by globalization opponents is that falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies such as the United States and western Europe.


Definitions:

Labor Costs

The total expenses associated with employing staff, including wages, benefits, and taxes.

Shareholders

People or organizations that hold stock in a corporation, granting them specific rights and an interest in how well the company does.

Ethical and Legal Harmony

The ideal state in which ethical principles and legal regulations align to guide individual and corporate behavior without conflict.

Utopian Society

An idealistic community or society possessing highly desirable or perfect qualities, especially in its social, legal, and moral aspects.

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