The World Trade Organization (WTO)promotes foreign trade and investment, or globalization.In recent years opposition to globalization has led to violent protests at meetings of the WTO.One reason for these anti-globalization protests is
A)foreign trade and investment are examples of zero-sum games.
B)protesters believe that globalization will result in a return to communism in developing countries.
C)protesters believe that free trade destroys the distinctive cultures of many countries.
D)protesters object to the loss of intellectual property (such as software programs and movies)that results from foreign trade and investment.

Question

Quizplus · Accepted Answer

Protesters believe that free trade and globalization lead to the homogenization of cultures and the destruction of local industries and traditions. They argue that this creates a world where only a few large corporations benefit, while the majority of people suffer. This belief has led to protests against trade agreements such as the North American Free Trade Agreement (NAFTA) and the Trans-Pacific Partnership (TPP), which protesters argue only benefit large corporations and limit the ability of nations to protect their own industries and cultures.

The World Trade Organization (WTO)promotes Foreign Trade and Investment, or Globalization.In