Poverty in the United States is defined as having an income that is less than the ____ level that is necessary to provide the basic necessities of life

Globalization refers to a process involving many complex elements, one of which is that

a. the time it takes for goods, people, information, and money to flow across borders is expanding. b. lower transportation costs mean cheap labor in distant places can be exploited. c. the world is increasingly defined by separate markets rather than one dominant market. d. international trade decreases relative to domestic trade.

In the presence of free trade, how are the effects of economic growth different for a large country than for a small country?

What will be an ideal response?