Which of the following correctly identifies an argument against globalization?
A) Globalization limits the bundle of goods and services available in smaller countries.
B) Globalization leads to an exploitation of developed countries.
C) Globalization can lead to a loss of indigenous culture and tradition.
D) Globalization works against free trade.
C
You might also like to view...
Quick Buck and Pushy Sales produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. 
Suppose Quick Buck and Pushy Sales decide to collude and work together as a monopolist with each firm producing half the quantity demanded by the market at the monopoly price. If Quick Buck cheats by reducing its price to $1 and Pushy Sales matches the price cut, then if consumers are evenly split between the two firms, what will be Quick Buck's economic profit?
A. $3,000 B. $1,000 C. $1,500 D. $2,000
The most important source of funds for nonfinancial businesses is ________
A) financial intermediaries B) insurance companies C) hedge funds D) state and local governments
An open economy produces most of the goods and services that it needs, with few imports and exports
a. True b. False Indicate whether the statement is true or false
Other things constant, if Americans suddenly decreased their desire for Mexican tequila, the exchange rate value of the Mexican peso would
a. increase, which is an appreciation of the Mexican peso. b. increase, which is a depreciation of the Mexican peso. c. decrease, which is an appreciation of the Mexican peso. d. decrease, which is a depreciation of the Mexican peso.