Which of the following is not considered a criticism of globalization?
A)International corporations serve only the interests of the corporations.
B)Globalization promotes "free" but not "fair" trade.
C)Globalization encourages harmful labor practices.
D)Globalization promotes only trade based on comparative, and not absolute advantage.
E)Globalization occurs at the cost of environmental quality.

Question

Quizplus · Accepted Answer

All of the other choices are commonly considered criticisms of globalization, but D is not a criticism as it is a description of how globalization works. The concept of comparative advantage is the basis for trade under globalization.

Which of the Following Is Not Considered a Criticism of Globalization