Which of the following is not an effect of globalization?
A) Globalization may threaten local control of the country's economic destiny.
B) Globalization provides the potential to raise the standard of living.
C) Globalization challenges long-held cultural values about the role of business in society and the regulation of company practices.
D) Globalization provides little competition from around the world with little or no impact on local jobs and company profits.
E) Globalization allows individuals greater access to a wider range of products and services at more competitive prices.
Correct Answer:
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