The distributive consequences of global economic exchange

Question

Quizplus · Accepted Answer

Global economic exchange generates political competition in both national and international arenas, as countries compete for access to markets, resources, and capital. However, the distributive consequences are mixed and unequal, with some groups benefiting more than others. Developing countries may experience lower income levels, while developed countries may see income gains for certain segments of their populations. Therefore, options A and E are incorrect. Option B is incorrect because economic exchange does not necessarily lead to the elimination of political competition at the national level. Option C is incorrect because economic exchange may actually intensify political competition at the international level as countries seek to protect their interests and ensure fairness in the global economy.

The Distributive Consequences of Global Economic Exchange