A report from the OECD found that wages paid by foreing multinationals are...

40% higher than wages paid by local firms

Outsourcing is when rich countries ...

Shift parts of the production process with Poor countries

Basic theory predicts that inequality falls when...

Developing countries enter global markets

As global trade increases, the theory says, the unskilled workers in Poor countries...

Are high in demand and get wage boost

Simon Kuznets says who had a little bit of money to begin could see big gains from investments

While those with nothing with stay rooted in poverty

Inequality rises because skilled workers have...

More opportunities and better wages

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Why globalization May not reduce inequality in Poor countries

10 termsStudBud Administration218 plays

Reading comprehension

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Questions 10

Answers

1
The Word "Gap" means
Likely to be successful
A large difference
Strongly desired by many
Very strong and firmly fixed
2
Globalization has made the planeta more...
Lovely
Rich
Equal
Developed
3
A report from the OECD found that wages paid by foreing multinationals are...
40% higher than wages paid by local firms
The same between multinationals and local firms
40% less than wages paid by local firms
Much better than 40 years before
4
Outsourcing is when rich countries ...
Shift parts of the production process with multinationals
Shift parts of the production process with locals factories
Shift parts of the production process with their equals
Shift parts of the production process with Poor countries
5
Basic theory predicts that inequality falls when...
Rich countries hire unskilled workers
Developed countries enter global markets
Poor countries sell their local productivity
Developing countries enter global markets
6
As global trade increases, the theory says, the unskilled workers in Poor countries...
Are less coveted and get wage boost
Are high in demand and get wage boost
Are less coveted and get low wages
Are high in demand and get low wages
7
In developing countries the inequality has...
Improved
Gone easily
Created employs
Worsened
8
Simon Kuznets says who had a little bit of money to begin could see big gains from investments
While the Poor ones would became rich
While unskilled workers could get higher wages
While those with nothing with stay rooted in poverty
While those with nothing could have more opportunities
9
Inequality rises because skilled workers have...
More opportunities and better jobs
More opportunities and better wages
More productivity and access to technology
High wages and low productivity
10
The theory of comparative advantage says...
Red and blue are correct
Rich countries need skilled workers
Poor countries produce goods and require unskill labour
Developing countries could employ skilled workers

Why globalization May not reduce inequality in Poor countries Flashcards | StudBud