The employment laws in many ___________ countries may not be as developed as that of the home countries.a.third worldb.poorc.advancedd.rich

In which category of country would most people be employed in the secondary sector and low-skilled tertiary sector jobs?Developed countriesDeveloping countriesEmerging countriesFeedback?

Why do unskilled workers in the developing world tend to oppose globalization?Correct Answer(s)Developing countries tend to have weaker social safety nets than developed countries.The Stolper-Samuelson model predicts negative consequences for their income.Globalization has not increased access to capital for developing countries.Labor in developing countries has less access to political institutions than labor in rich countries.Incorrect Answer(s)

The shift of industry to developing countries has resulted in –Group of answer choicesa lower standard of living in developing countries.higher unemployment in developing countries.an industrial decline in the United States and Europe.tighter trade restrictions across the globe.

Towards the end of the twentieth century, some of the world's more affluent countries experienced robust growth. Which of the following is not linked to high growth performance?Question 10Select one:a.encouragement of competitive behaviorb.private sector research and developmentc.strict regulations in labor markets, for example strict employment protection legislationd.liberal trade policies

Which problem will a country that tries to create a self-sufficient economy most likely experience?A.The country will become too dependent on voluntary exchange with other countries.B.The country will have to create a division of labor for all workers within its borders.C.The country will be less efficient than if it specialized in a smaller number of products.D.The country will reduce its opportunity costs for selling goods to other countries.