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Which statement below is NOT a "pro" of globalization?

a. Lower prices for goods and services
b. Stimulates economic growth
c. Creates jobs
d. Moves work to countries with fewer labor and environmental regulations

1 Answer

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Final answer:

Statement 'd' regarding the movement of work to countries with fewer labor and environmental regulations is a critique, not a benefit, of globalization, which can lead to job losses in developed countries and exploitation in developing ones.

Step-by-step explanation:

The statement that is NOT a 'pro' of globalization is 'd. Moves work to countries with fewer labor and environmental regulations.' This option outlines a common critique of globalization, which suggests that globalization can lead to job loss in developed nations as companies move operations to countries where labor is cheaper and environmental regulations are weaker. This can result in increased unemployment and weaken labor movements in the home country. Moreover, poorer countries may suffer due to lacking infrastructure to compete effectively in a global market.

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