The "new international division of labor or "global capitalism" that has emerged in the context of globalization is one in which: The "new international division of labor or "global capitalism" that has emerged in the context of globalization is one in which: Labor-intensive work has been increasingly monopolized by the core countries Manufacturing has increasingly been relocated from the core to the periphery and semi-periphery Core countries have increasingly specialized in manufacturing, peripheral countries in agriculture and mining Skill-intensive work has increasingly been monopolized by peripheral countries Question at position 2 2