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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 53
Circle the letter that corresponds to the best answer. Which was not an argument of the protesters against the IMF, WTO, and World Bank?
A) We are exploiting factory workers in poor countries.
B) Our subsidized grain exports are sold below cost in poor countries, driving local farmers out of business.
C) Globalization is hurting the American standard of living.
D) Globalization is lowering American wages and exporting high-paying jobs.
A) We are exploiting factory workers in poor countries.
B) Our subsidized grain exports are sold below cost in poor countries, driving local farmers out of business.
C) Globalization is hurting the American standard of living.
D) Globalization is lowering American wages and exporting high-paying jobs.
Explanation
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The full form of WTO is World Trade Orga...
Macroeconomics 11th Edition by Stephen Slavin
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