In the context of globalization, conventional economics in the United States has long held that:

A. free trade and globalization are not good for national labor markets and should be discouraged.
B. workers adapt to the loss of jobs in their communities by moving into new, enriching areas of the labor market.
C. free trade and globalization tend to cause low-skill workers to suffer long periods of unemployment.
D. workers adjust to the rapidly evolving job market very slowly and tend not to have the skills to successfully adapt.


Answer: B

Business

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Many world-altering strategies that allow individuals to make changes are:

a. simple b. difficult c. tedious d. boring

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Which statement is NOT a barrier to inclusion and corporate-community collaborations?

a. lack of leadership to champion and sustain efforts b. limited company vision (shortsighted and internally focused) c. economic pressures to demonstrate profitability d. lack of corporate image and advantage

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Internal rate of return is preferable to net present value because IRR employs a weighted average cost of capital discount rate that reflects potential reinvestment

Indicate whether the statement is true or false

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Research published in Personnel Psychology shows that older workers are slightly more willing to implement organizational changes than younger workers. This is an example of which segment of the general environment?

A. economic B. sociocultural C. political and legal D. demographic

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