Globalization in developing countries
A)has most benefited the poorest people.
B)tends to level the differences between the rich and poor.
C)can support subsistence farming by encouraging the importation of agricultural products.
D)may threaten local attempts to market goods in developing nations.

Question

Quizplus · Accepted Answer

Globalization may threaten local attempts to market goods in developing nations as often large multinational corporations have the resources to undercut local producers on price or marketing ability, which can harm local businesses and economies. While globalization may bring benefits such as increased trade and investment, it can also exacerbate inequality and further marginalize the poorest communities. Therefore, both A and B are not the best choices. Choice C is not relevant to the question being asked.

Globalization in Developing Countries