Which of the following would make the effects of globalization worse for the United States?
A. China and India raise the value of their currencies.
B. China and India move up the value-added chain.
C. Wages in China and India rise, leading to more outsourcing.
D. China and India move down the value-added chain.
Answer: B
Economics
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Indicate whether the statement is true or false
Economics
Fiscal policy is purposeful movements in ________ designed to direct an economy.
A. legal structures B. interest rates C. government regulations D. government spending and taxes
Economics