Author Question: Which of the following arguments is not used by promoters of globalization as one of the reasons why ... (Read 101 times)

scienceeasy · **on:** Jun 30, 2018

Which of the following arguments is not used by promoters of globalization as one of the reasons why free trade and international investment result in higher standards of living?
a. Free trade helps developing countries.
b. International organizations represent governments and people, not the interests of corporations.
c. There is no convincing evidence that globalization occurs at the expense of the environment.
d. There is no convincing evidence that globalization occurs by encouraging harmful labor practices.
e. Globalization brings better cultural practices to countries that have obsolete cultural traditions.

Question 2

If a positive externality results from the consumption of higher education, then the marginal benefit students receive from education:
a. equals the marginal social benefit.
b. is less than the marginal social benefit.
c. includes the marginal external benefit.
d. exceeds the marginal social benefit.