Which of the following statements describes one of the benefits of increased global marketing?
A) Millions of Americans have filled jobs created by imports and production shifts abroad.
B) Because of world trade,inflation is less likely to arrest economic growth.
C) Because jobs are threatened by exports,employers are issuing pay-cut demands to their workers.
D) Export jobs typically pay less money than other jobs.
E) None of the statements describes an advantage derived from the increase in global marketing.

Question

Quizplus · Accepted Answer

Increased global marketing leads to increased world trade, which in turn reduces the risk of inflation and contributes to economic growth. This is because it allows countries to specialize in areas where they have a comparative advantage and trade for goods and services they cannot produce efficiently themselves. Option A, C, D are not benefits but rather drawbacks or negative consequences of global marketing. Option E is incorrect as option B describes a benefit.

Which of the Following Statements Describes One of the Benefits