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Critics of Globalisation Argue That Falling Trade Barriers and the Costs

Question 2

Multiple Choice

Critics of globalisation argue that falling trade barriers and the costs of production allow firms to move manufacturing operations to countries where the wage rates are much lower than in Australia.Supporters of globalisation reply to these criticisms and trends to make the point that:


A) the benefits outweigh the costs.
B) the costs outweigh the benefits.
C) costs are offset by concentrating on product and market factors.
D) consumers benefit in the long run.

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