Which answer best evaluates the impact of globalization on China?(1 point)
Responses
China created political reforms to transform into a democracy.
China created political reforms to transform into a democracy.
China allowed women to work.
China allowed women to work.
China began to promote individual rights, such as freedom of speech.
China began to promote individual rights, such as freedom of speech.
China increased their wealth and became a world trading power.
China increased their wealth and became a world trading power.
Question
Identify the concept that refers to how much workers are paid by their company. (1 point)
Responses
absolute advantage
absolute advantage
comparative advantage
comparative advantage
cost of labor
cost of labor
opportunity costs
Identify the concept that refers to how much workers are paid by their company. (1 point)
Responses
absolute advantage
absolute advantage
comparative advantage
comparative advantage
cost of labor
cost of labor
opportunity costs