Proponents of globalization argue that poor people and countries benefit from increased employment opportunities and rising standards of living. In order to achieve these benefits, they argue that countries should accept which of the following?
A) Nations must accept that the world is not a level playing field and never will be.
B) Nations must be willing to allow business monopolies.
C) Nations must open their borders to international trade.
D) Nations must recognize that certain human and labour rights will inevitably be undermined by the IMF and World Bank.
E) Nations must opt out of the world capitalist economy.

Question

Quizplus · Accepted Answer

Nations must open their borders to international trade to benefit from globalization through increased employment opportunities and rising standards of living. This facilitates the exchange of goods, services, and capital, which can lead to economic growth.

Proponents of Globalization Argue That Poor People and Countries Benefit