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Globalization is a tool for rich countries to benefit poor countries.Select one:TrueFalse

Question

Globalization is a tool for rich countries to benefit poor countries.

Select one:

  • True
  • False
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Solution

The statement "Globalization is a tool for rich countries to benefit poor countries" can be interpreted in different ways and can lead to varying opinions.

  1. Support for the Statement: One perspective is that globalization allows rich countries to take advantage of resources and labor from poorer countries, often resulting in unequal benefits. This can lead to wealth disparity where the rich continue to grow richer while the poor may not experience significant improvements in their economic situation.

  2. Opposition to the Statement: On the other hand, globalization can also bring benefits to poor countries, such as access to larger markets, foreign investments, technology transfer, and opportunities for economic development.

Given the nuances of this issue, the statement can be deemed as subjective.

Final Answer

False

This problem has been solved

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Which result is a positive aspect of globalization?

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