Which of the following is an argument against globalization? a. Poor countries compete for multinational firms

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Which of the following is an argument against globalization?

a. Poor countries compete for multinational firms by allowing lax environmental standards.

b. Multinational firms tend to pay higher 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 increase incomes in poor countries.

e. The increased integration of the world’s economies has been associated with economic growth in most countries.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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