Which of the following statements are true regarding the effect of globalization?
A)Poor countries may not be able to adjust fast enough to forces of globalization
B)Poor countries could be made worst off by trade liberalization
C)Economic nationalism tends to hamper further globalization
D)All of the above

Question

Quizplus · Accepted Answer

All of the statements are true regarding the effects of globalization. Poor countries may struggle to adjust to the rapid changes brought by globalization, trade liberalization can sometimes worsen the economic conditions in these countries, and economic nationalism can act as a barrier to further globalization.

Which of the Following Statements Are True Regarding the Effect