219k views
0 votes
According to supporters of globalization,

a.
Free trade encourages countries to be economically independent.
b.
Free trade will result in countries specializing in the production of those goods and services they can produce most efficiently.
c.
The costs of free trade outweigh the benefits.
d.
The dislocation of jobs resulting from free trade can be avoided by increasing domestic wages.
e.
The labor supply is easily controlled on a global basis.

1 Answer

7 votes

Answer:

According to supporters of globalization,

b.

Free trade will result in countries specializing in the production of those goods and services they can produce most efficiently.

Step-by-step explanation:

Globalization has been described as a phenomenon that encourages increased interaction and integration of peoples, companies, and governments from different backgrounds. This phenomenon or process is propelled by free international trade and investments. The emerging advances in information technology has made globalization possible.

User Bluethundr
by
5.6k points