Evidence clearly shows that the process of globalization leads to
A) fewer jobs.
B) reduced living standards.
C) a greater international division of labor.
D) more disparity in the international distribution of labor.
E) slower worldwide economic growth.

Question

Quizplus · Accepted Answer

The process of globalization leads to a greater international division of labor, which means that different countries specialize in different areas of production, leading to increased trade and overall economic growth. This does not necessarily lead to fewer jobs or reduced living standards, and there is not significant evidence to support the claim of more disparity in the international distribution of labor. While globalization may not always lead to uniform economic growth across all countries, it generally has a positive effect on worldwide economic growth.

Evidence Clearly Shows That the Process of Globalization Leads to