According to globalization opponents, what is a disadvantage of globalization? Multiple Choice Free trade limits countries from specializing in production of goods and services they can produce most efficiently. As a result of globalization, living standards of unskilled workers in developed nations have declined.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter18: Globalization
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According to globalization opponents, what is a disadvantage of globalization?
Multiple Choice
Free trade limits countries from specializing in production of goods and services they can produce most efficiently.
As a result of globalization, living standards of unskilled workers in developed nations have declined.
Globalization results in companies "exporting jobs to low-wage nations.
Globalization makes it difficult for poor countries to export more of their agricultural production.
Transcribed Image Text:According to globalization opponents, what is a disadvantage of globalization? Multiple Choice Free trade limits countries from specializing in production of goods and services they can produce most efficiently. As a result of globalization, living standards of unskilled workers in developed nations have declined. Globalization results in companies "exporting jobs to low-wage nations. Globalization makes it difficult for poor countries to export more of their agricultural production.
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