Globalization Debate (Scenario)
In his international business class, Professor Jang organizes a debate on the societal effects of market globalization. Juan Prince takes a position that highlights the negative effects of market globalization. He emphasizes how multinational enterprises can wield so much influence that they threaten national sovereignty. He also notes the prevalence of low wages and sweatshop conditions as firms utilize low-cost labor abroad. Juan then describes the detrimental effects of corporate pollution on the environment, and he ends his argument by explaining how market globalization helps homogenize national cultures. Rina Taylor is assigned to counter Juan's position.
-Which of the following most likely supports Rina's argument over Juan's concerning wages and working conditions in developing countries?
A) Most African countries today still suffer from low or negative GDP growth.
B) Vietnam has experienced a fivefold increase in wages as a result of the growth of the footwear industry there.
C) The move of Electrolux to Mexico cost Michigan 2,700 jobs.
D) Minimum wages should be established at set levels, regardless of the impact on the number of jobs.

Question

Quizplus · Accepted Answer

Rina's argument would likely focus on the positive impacts of globalization on wages and working conditions in developing countries. The example of Vietnam experiencing a significant increase in wages due to the growth of an industry (footwear) as a result of globalization supports the idea that market globalization can lead to improved economic conditions and higher wages in developing countries.

Globalization Debate (Scenario) In His International Business Class, Professor Jang Organizes a Debate