Sean, a lecturer at Oxford University, is a staunch advocate of globalization. He asserts that globalization has benefited many peoplescientifically, culturally, and economically. Which of the following statements supports his assertion?O Globalization makes lifesaving devices, medicines, and technologies more readily available to the greater world population.O Globalization helps developed markets by making it easy for employers to move jobs to cheaper locations.O As a result of globalization and the spread of new technologies, levels of socioeconomic inequality have decreased.O As a result of globalization, 90 percent of all business investments are domestic.

Globalization refers to the integration of world economies. Integration happens in term of free flow…

Answered: Sean, a lecturer at Oxford University,…

MACROECONOMICS

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ISBN:9781337794985

Author:Baumol

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Chapter18: International Trade And Comparative Advantage

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