I looked to the National Bureau of Economic Research, who recently published Globalization and Poverty. Here’s what I found out:
Some studies show that globalization has been associated with rising inequality, because the poor do not always share in the gains from trade. An example of this is the coffee trade. Coffee is the second most traded commodity in the world, yet most of its growers only make 10% of what it eventually sells for. However, when farmers have access to credit, technical know-how, and social safety nets such as income support, trade can benefit the world’s poor.
The book argues that export growth and incoming foreign investment have proven to reduce poverty. But, at the same time, trade and foreign investment alone are not enough to alleviate poverty. Increasing access to education and credit, as well as improved infrastructure, are necessary in order to see real progress. Echoing that idea, Harrison concludes that globalization can benefit people living in extreme poverty, but only if the appropriate complementary policies and institutions are in place.
The answer is
True
i hope it was helpful
Nevertheless, the unifying influence of the monsoons on the Indian subcontinent is quite perceptible. ... These monsoon winds bind the whole country by providing water to set the agricultural activities. Thus, in view of the above the monsoon is considered as a unifying bond for this subcontinent.
B)wood,A renewable resource is a resource which is replaced naturally and can be used again. Examples are: oxygen, fresh water, solar energy, timber, and biomass. Renewable resources may also include goods commodities such as wood
