Globalization:
A) relies on strong government regulations to keep down prices
B) promotes economic freedom and increases living standards
C) tends to dry up the flow of foreign capital in less developed countries
D) has made it easier for governments to abuse the freedom and property of their citizens
E) has kept wages low in developing countries around the world

Question

Quizplus · Accepted Answer

Globalization expands economic freedom,spurs competition,and raises the productivity and living standards of people in countries that open themselves up to the global marketplace.