Which of the following arguments would MOST likely come from a critic of globalization? Select the TWO arguments that apply.
Globalization will increase competition and smaller companies will struggle to compete with larger multi-national corporations.
Globalization will create more opportunities for individuals in developing nations which will raise the standard of living.
Globalization will lead to lower prices for consumers and a larger variety of goods for individuals and society.
Globalization will lead to businesses outsourcing jobs in order to save money on productions costs, thus causing many people to lose their jobs and the unemployment rate to go up.
Globalization will increase competition and smaller companies will struggle to compete with larger multi-national corporations.
Globalization will lead to businesses outsourcing jobs in order to save money on production costs, thus causing many people to lose their jobs and the unemployment rate to go up.