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 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.
China allowed women to work.
2 answers
China increased their wealth and became a world trading power.
Identify the concept that refers to how much workers are paid by their company. (1 point)
Responses
cost of labor
cost of labor
absolute advantage
absolute advantage
comparative advantage
comparative advantage
opportunity costs
opportunity costs
Responses
cost of labor
cost of labor
absolute advantage
absolute advantage
comparative advantage
comparative advantage
opportunity costs
opportunity costs