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.
-Rina is most likely to counter Juan's claim regarding environmental effects by pointing out which of the following?

Question

Quizplus · Accepted Answer

Rina Taylor would likely counter Juan's claim about the environmental effects of market globalization by arguing that environmental destruction tends to diminish in the long run as economies develop. This argument is based on the Environmental Kuznets Curve hypothesis, which suggests that as an economy grows, its environmental impact increases up to a point, but then begins to decrease as the country becomes wealthier and can afford cleaner technologies and enforce environmental regulations.

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