Which of the Following Is an Argument for Globalization

question 68

Multiple Choice

Which of the following is an argument for globalization?

• A)Poor countries compete for multinational firms by allowing lax environmental standards.
• B)Multinational firms tend to pay lower wages than local firms.
• C)The benefits of globalization to all consumers greatly outweigh the loss of jobs to international competition.
• D)Removal of restrictions against agricultural products would cause workers in rich countries to lose their jobs.
• E)The increased integration of the world's economies has been associated with lax environmental and labor standards in most countries.

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Definitions:

Social Exchange Theory

A concept in sociology that suggests human relationships are formed by a subjective cost-benefit analysis and the comparison of alternatives.

Relationship Failure

The breakdown or ending of a relationship due to various reasons, such as lack of communication, trust issues, or incompatible differences.

Marriage Theory

A set of ideas or principles that explain various aspects of marital relationships, including dynamics, functioning, and outcomes.

Conflict Escalation

The process by which conflicts grow in severity and magnitude, often leading to more intense or harmful outcomes.