Which of the Following Statements Accurately Expresses Evidence That Globalization

question 63

Multiple Choice

Which of the following statements accurately expresses evidence that globalization does not encourage a "race to the bottom" in labor standards?

• A)The wages paid by multinational firms to their poor countries' subsidiaries are higher than the wages paid in rich countries.
• B)Poor countries that participate in globalization have quickly become rich.
• C)Multinational firms tend to pay higher wages than local firms, but they tend to provide lower benefits than existed in the country prior to globalization.
• D)Multinational firms must sign contracts with the IMF stating that they will offer exceptional worker benefits.
• E)Multinational firms tend to pay higher wages than local firms and tend to provide greater benefits than existed in the country prior to globalization.

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Definitions:

Bourgeoisie

The class that, in Marxist contexts, owns the means of production in a capitalist society, often opposed to the proletariat class.

Sociology

The study of human society, social behavior, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Objective Reality

A concept referring to the existence of objects, facts, or phenomena independent of human perception and beliefs.

Black Women's Identities

The unique cultural, social, and personal identities of women who are both African American or of the African diaspora.