5 Questions
What is the term used to describe the phenomenon of the world being interconnected through international trade, communications, and mass media?
Globalism
Why do Western companies outsource work to lower-paid foreign workers?
To increase profits and save money
What is one potential benefit of globalism according to some people?
Reduced likelihood of war between countries
What concern do some critics of globalism have regarding its impact on ordinary workers?
Rich people getting richer at the expense of ordinary workers
Which union is mentioned in the text where bitter enemies from past wars are now partners?
European Economic Union
Test your knowledge about the impact of globalism on international trade, communication, and labor markets. Explore the benefits and challenges of a globalized economy.
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