Which of the following would make the effects of globalization worse for the United States?
A)China and India move up the value-added chain.
B)China and India move down the value-added chain.
C)China and India raise the value of their currencies.
D)Wages in China and India rise, leading to more outsourcing.

Question

Quizplus · Accepted Answer

Moving up the value-added chain means China and India would start producing higher-value goods and services, which could intensify competition for U.S. industries and potentially lead to job losses in sectors where the U.S. previously had a competitive advantage.

Which of the Following Would Make the Effects of Globalization