Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because
A) all retaliatory trade policies have been eliminated.
B) the benefits outweigh the costs.
C) democratic governments follow this pattern.
D) the costs affect very few people.
E) nations need to import goods they are efficient at producing.

Question

Quizplus · Accepted Answer

Supporters of globalization argue that the overall benefits, such as increased economic growth, access to a wider variety of goods and services, and improved international relations, outweigh the costs, such as job displacement and cultural homogenization.

Those Who Support Globalization Recognize That While Some Concessions Occur