What are arguments against globalization?

What are arguments against globalization?

• A. Increases global wealth, promotes lower prices, and encourages innovation.
• B. Protects domestic jobs from disruption.
• C. Can lead to job displacement, environmental degradation, and loss of national sovereignty.
• D. Prevents any foreign influence.

Answer: (C)

The main idea being tested is the typical criticisms leveled at globalization. The best answer is the one that lists job displacement, environmental degradation, and loss of national sovereignty. These are the core concerns people raise about globalization: jobs can be lost or displaced as production relocates to lower-cost regions; increased production and trade can exacerbate environmental harm or shift pollution to places with weaker rules; and international trade rules and global economic integration can constrain a country’s ability to set policies that reflect its own priorities, reducing policy autonomy or perceived sovereignty. The other options point to outcomes associated with globalization rather than fundamental criticisms. One describes benefits like higher wealth, lower prices, and more innovation, which are arguments for globalization. Another focuses on protecting domestic jobs as a policy stance, which is a specific response to globalization rather than a broad critique. The last suggests it prevents any foreign influence, which is not accurate given that globalization inherently involves cross-border influence.

The main idea being tested is the typical criticisms leveled at globalization. The best answer is the one that lists job displacement, environmental degradation, and loss of national sovereignty. These are the core concerns people raise about globalization: jobs can be lost or displaced as production relocates to lower-cost regions; increased production and trade can exacerbate environmental harm or shift pollution to places with weaker rules; and international trade rules and global economic integration can constrain a country’s ability to set policies that reflect its own priorities, reducing policy autonomy or perceived sovereignty.

The other options point to outcomes associated with globalization rather than fundamental criticisms. One describes benefits like higher wealth, lower prices, and more innovation, which are arguments for globalization. Another focuses on protecting domestic jobs as a policy stance, which is a specific response to globalization rather than a broad critique. The last suggests it prevents any foreign influence, which is not accurate given that globalization inherently involves cross-border influence.