Author Question: According to evidence from around the world, the real losers in globalization of the world economy ... (Read 61 times)

WhattoUnderstand · **on:** Jun 30, 2018

According to evidence from around the world, the real losers in globalization of the world economy are:
a. non-government organizations.
b. environmental activists.
c. skilled laborers in the globalizing nations.
d. countries that have not participated in the globalization process.
e. the poorest people in the globalized developing countries.

Question 2

If education produces positive externalities and the government does not intervene in the market, we would expect
a. the market equilibrium price to be higher than the efficient equilibrium price.
b. the market equilibrium quantity to be lower than the efficient equilibrium output level.
c. the market equilibrium quantity to be higher than the efficient equilibrium output level.
d. none of the above