Which of the following is an argument presented in support of opponents of globalization?
A) A report by the Labor Secretariat for the North American Free Trade Agreement (NAFTA) reported that more than half of firms surveyed used threats to close U.S. operations as a tool to fight union-organizing efforts.
B) Although labor standards in developing countries are usually lower than in industrialized countries, they are rising.
C) Multinationals investing in host nations pay higher wages, create new jobs at a faster rate, and spend more on R&D than do local firms.
D) Developing countries may feel that lower-cost labor constitutes their competitive advantage and that if they are forced to implement more stringent labor standards, it may damage their prospects for improved economic development.
E) The economic growth fostered by globalization can help generate and distribute additional resources for protecting the environment.

Question

Quizplus · Accepted Answer

All of these arguments have generally been presented as counterarguments to the opponents of globalization, except the report by the Labor Secretariat for the North American Free Trade Agreement (NAFTA) reported that more than half of firms surveyed used threats to close U.S. operations as a tool to fight union-organizing efforts.

Which of the Following Is an Argument Presented in Support