Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Identify which of the following is not an advantage of globalization.

• A. Globalization increases competition among firms.
• B. Globalization increases prices of goods and services.
• C. Globalization improves the quality of goods.
• D. Globalization improves the standard of living of people.

Answer 1

The correct option is B Globalization increases prices of goods and services.

.