Asked by
Breanna Williams
on Nov 22, 2024
Verified
Cora, an American citizen, is a critic of globalization. She believes that globalization has done more harm than good. She contends that globalization has detrimental effects on developed markets. Which of the following statements supports her contention?
A) Globalization has increased wage-related expenses.
B) Globalization has decreased the rate of development for lifesaving devices.
C) Globalization makes products and services expensive.
D) Globalization makes it easy for employers to move jobs to cheaper locations.
Detrimental Effects
Negative impacts or outcomes that result from a particular action or set of conditions.
Developed Markets
Countries with highly industrialized economies, well-developed financial markets, and high standards of living.
Wage-related Expenses
Costs incurred by employers that are directly associated with the payment of wages to employees, including taxes, benefits, and insurance.
- Become aware of the influence and objections pertaining to globalization.
Verified Answer
LS
Learning Objectives
- Become aware of the influence and objections pertaining to globalization.