Outsourcing is when rich countries ...

Shift parts of the production process with Poor countries

Inequality rises because skilled workers have...

More opportunities and better wages

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

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

40% higher than wages paid by local firms

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Why globalization May not reduce inequality in Poor countries

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Questions 10

Answers

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

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