Ask Question
22 March, 00:39

One criticism of globalization is that falling trade barriers encourage companies to locate manufacturing activities in another country to take advantage of lower wage rates. True or false?

+5
Answers (1)
  1. 22 March, 02:38
    0
    True

    Explanation:

    A concern by globalization opponents is that failing trade barriers encourage companies to locate manufacturing activities in another country to take advantage of lower wage rate and the result of this is a decrease in manufacturing jobs in America and some European countries. An example is the setting up of production/manufacturing, assembling plants in China by some American companies like Apple in China.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “One criticism of globalization is that falling trade barriers encourage companies to locate manufacturing activities in another country to ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers