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Questions and Answers
Who benefits from economic and trade globalization?
Who benefits from economic and trade globalization?
- High wageworkers
- Companies searching for the cheapest sources (correct)
- Countries with the lowest wages
- Consumers who get products at a cheaper price
What is the result of companies searching for the cheapest place to make their products?
What is the result of companies searching for the cheapest place to make their products?
- High wageworkers benefit from increased wages
- Countries with the strongest regulations benefit
- Labor-intensive products are produced in countries with the lowest wages (correct)
- Consumers pay higher prices for products
According to Hans Rosling, what is the worst thing about globalization?
According to Hans Rosling, what is the worst thing about globalization?
- Companies trying to outmaneuver their competitors
- The 1 to 2 billion poorest suffering from globalization deficiency (correct)
- The way globalization is occurring
- Being part of globalization
Who are the losers in the process of economic and trade globalization?
Who are the losers in the process of economic and trade globalization?
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What do companies search for when trying to outmaneuver their competitors?
What do companies search for when trying to outmaneuver their competitors?
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