Cora, an American citizen, is a critic of globalization. She believes that globalization has done more harm than good. She contends that globalization has detrimental effects on developed markets. Which of the following statements supports her contention?
A) Globalization has increased wage-related expenses.
B) Globalization has decreased the rate of development for lifesaving devices.
C) Globalization makes products and services expensive.
D) Globalization makes it easy for employers to move jobs to cheaper locations.

Question

Quizplus · Accepted Answer

Globalization allows companies to move manufacturing and service jobs to countries where labor is cheaper, which can lead to job losses in developed markets. This supports Cora's contention about the detrimental effects of globalization on developed markets.

Cora, an American Citizen, Is a Critic of Globalization