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blondinia [14]
3 years ago
14

According to traditional economic theory, which of the following statements is true of globalization? a. It lowers the productiv

ity and living standards of people in countries that open themselves to the global marketplace. b. It provides limited access to foreign capital. c. It increases poverty in countries that involve in global marketing. d. It relies on competition to drive down prices and to increase product and service quality.
Social Studies
1 answer:
lora16 [44]3 years ago
6 0

Answer:d. It relies on competition to drive down prices and to increase product and service quality.

Explanation:

What is globalization?

This defines how effectively business carry their operations in various countries apart from their own countries.

This is creating a situation where the world come together without being hindered by borders.

This increase in interaction between countries makes it it easier for the countries to not operate as single parties but to work collaboratively to make the world a better place.

Product and service is increased due to the positive competition that exist through globalization.

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maxonik [38]

It creates a single economic market that uses a common currency.

Explanation:-

  • The currency is known as Euro

After Pound and Dollar it has highest valuable currency in the world

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2 years ago
Walter is applying to graduate programs in psychology and is curious about current trends in the field. what trend is occurring
sp2606 [1]

students are being trained in combined specialties

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3 years ago
The United States entered World War II following an attack on its military base at Pearl Harbor. Which number represents the loc
jarptica [38.1K]
The number represent the location is B 2
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3 years ago
Read 2 more answers
Which arguments encouraged confederation
Dima020 [189]

Answer:                                                                                                                      • As the colonies grew, they were building railroads and roads, which cost a

great deal of money. If several smaller colonies combined, they would

have more taxes and more money to pay their debts as they grew.

• The “Great Coalition”, which involved leaders such as John A. Macdonald,

George Brown, and George-Étienne Cartier, had proven by their influence

that it was possible for English and French-speaking Canadians to agree

on big questions such as government reform.

• In some of the colonies, especially Canada East and Canada West, there

was one government problem or crisis after another. A new system of

decision making, with one central government and provincial governments

to deal with local issues, might help make government more stable in the

colonies.

• The United States had gained their independence from Britain in 1783

after a long war. Not long after this, the states became involved in a war

amongst themselves, (the Civil War). The British colonies did not want

any more wars, and by combining under one strong central government,

they might avoid further wars. They would also have a stronger military

defence

Explanation:         Main Reasons for Confederation

• Britain wanted to become less involved in the government of their

colonies, because it was very time-consuming and expensive. It was time

for the colonies to become more independent.

• It was necessary to work out a new system of government to help solve

the continuing problems between the English- and French-speaking

representatives of the united province of Canada, who had different

priorities.

• The United States was very rich and powerful, and it was always looking

for new lands. The U.S. wanted to take over the lands of Canada, and

they were trying to convince the people of Canada, many of whom were

American immigrants, that this would be a good idea.  

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3 years ago
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Answer:

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Explanation:

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2 years ago
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