In the context of economic interdependence, which of the following is a concern of the critics of globalization?
A) The nonregulation of the quality of merchandise produced in foreign markets
B) The extremely low wage rates paid by some international firms for labor in developing countries
C) The domination of local businesses over international firms
D) The reduction in economies of scale as a result of international trade

Question

Quizplus · Accepted Answer

Critics of globalization are concerned with the exploitation of labor in developing countries where international firms pay extremely low wages, which affects the economic and social well-being of these countries. The other choices are not commonly identified as concerns of globalization critics.

In the Context of Economic Interdependence, Which of the Following