According to evidence from around the world, the real losers in globalization of the world economy are:
a. non-government organizations.
b. environmental activists.
c. skilled laborers in the globalizing nations.
d. countries that have not participated in the globalization process.
e. the poorest people in the globalized developing countries.
d
You might also like to view...
In a competitive market the demand curve shows the ________ received by consumers and the supply curve shows the ________
A) economic surplus; opportunity cost B) utility; average cost. C) marginal benefit; marginal cost D) net benefit; net cost
Which of the following situations results from a ticket price to a concert set below the equilibrium price? a. A long line of people wanting to purchase tickets to the concert
b. No line of people wanting to buy tickets to the concert. c. Tickets available at the box office, but no line of people wanting to buy them. d. None of the above.
The Army Corps of Engineers has been accused of acting on the basis of a so-called “edifice complex.”
Answer the following statement true (T) or false (F)
If a union gains significant monopoly power in a competitive market, employment:
A. should decrease and wages should increase. B. should increase and wages should decrease. C. and wages should increase. D. and wages should decrease.