Which of the following is an argument against globalization? a. Poor countries compete for multinational firms
Question:
Which of the following is an argument against globalization?
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a. Poor countries compete for multinational firms by allowing lax environmental standards.
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b. Multinational firms tend to pay higher wages than local firms.
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c. The benefits of globalization to all consumers greatly outweigh the loss of jobs to international competition.
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d. Removal of restrictions against agricultural products would increase incomes in poor countries.
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e. The increased integration of the world’s economies has been associated with economic growth in most countries.
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