Which of the following statements is not true?
A) Despite the advances made in transportation and communication technologies, geographic barriers are still obstacles to globalization.
B) Globalization expands the process of economic and cultural interactions among nations.
C) A fundamental element of globalization is the large-scale integration and interdependence of separate nation-states in the production and distribution of goods and services
D) Globalization has increased the number of available jobs in some foreign countries, but has had a catastrophic impact on American jobs
Correct Answer:
Verified
Q1: Manufactured items imported from developing countries equal
Q2: In 2008, exports accounted for _of the
Q3: Because it has the world's cheapest labor,
Q4: The effects of globalization on domestic employment
Q5: A fundamental economic justification for foreign trade
Q7: Competition from low-wage countries has virtually wiped
Q8: NAFTA stands for:
A) The New American Foreign
Q9: One reason for setting up overseas subsidiaries
Q10: An example of an NGO is the
Q11: Intermodal transportation allows the transportation of containers
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