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If the Critics of Globalization Are Correct,all of the Following

Question 73

Multiple Choice

If the critics of globalization are correct,all of the following things must be shown except:


A) the share of national income received by labor,as opposed to the share received by the owners of capital should have declined in advanced nations.
B) even though labor's share of the economic pie may have declined,living standards need not deteriorate if the size of the total pie has increased sufficiently to offset the decline in labor's share.
C) the decline in labor's share of national income must be due to moving production to low-wage countries,as opposed to improving production technology and productivity.
D) economic growth in developed nations has offset the fall in unskilled workers' share of national income,raising their living standards.

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