Answer the following statements true (T) or false (F)

1. Globalization and financialization, while interdependent, have different consequences for the distribution of power, income, wealth, and economic growth internationally.
2. Expanding multinational corporations undermine national labor unions and government regulations.
3. Increased capital mobility means there is less need to move jobs internationally.
4. Globalization and financialization are both increasing but relatively independent trends in the world economy.
5. Globalization increases the demand for unskilled labor in the U.S. which in turn reduces labor's bargaining power.


1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. FALSE

Business

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