The Combined Impact of the Labor Pool Effect of Globalization

question 3

Multiple Choice

The combined impact of the labor pool effect of globalization for low-skilled workers and the market expansion effect of globalization for high-skilled workers is

• A) falling income inequality, since one effect helps those with low incomes and the other effect hurts those with high incomes.
• B) stable income inequality, since one effect helps those with low incomes and the other effect helps those with high incomes.
• C) rising income inequality, since one effect helps those with high incomes and the other effect hurts those with low incomes.
• D) stable income inequality, since one effect hurts those with low incomes and the other effect hurts those with high incomes.

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Definitions:

Influence Strategy

The plans or approaches used by an individual or group to persuade or guide others' behaviors, decisions, or opinions.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or actions through argument, reasoning, or appeal.

Logical Arguments

Coherent and reasoned statements or series of statements intended to demonstrate the truth or falsity of a specific proposition.

Emotional Appeals

Persuasive strategies that aim to elicit emotional reactions from the audience to sway their opinion or behavior.