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19. Which statement is the most accurate? (LO1 1) a) Globalization has made some people winners and others losers. b) Globalization has been good for
19. Which statement is the most accurate? (LO1 1) a) Globalization has made some people winners and others losers. b) Globalization has been good for everyone involved. c) Globalization has been bad for everyone involved. d) Virtually all economists believea that globalization has almost no downside. 20. Which statement is true about how globalization has affected American workers? (LO4, 1) a) The only jobs that have been lost or will be lost are blue-collar factory jobs. b) Most workers who have lost their jobs because of globalization have ended up in better paying jobs. c) Until now a relatively high proportion of Americans performed high-skill, well-paying jobs, while a relatively high proportion of Chinese performed low-skill, poorly paying jobs. d) Globalization cannot be considered a threat to the livelihoods of highly skilled, well-paid American workers
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