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The World Trade Organization (WTO) promotes foreign trade and investment, or globalization. In recen

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The World Trade Organization (WTO) promotes foreign trade and investment, or globalization. In recen

The World Trade Organization (WTO) promotes foreign trade and investment, or globalization. In recent years opposition to globalization has led to violent protests at meetings of the WTO. All of the following are reasons for these anti-globalization protests except
A) protestors believe the WTO favors the interests of high-income countries at the expense of lower-income countries.
B) protesters believe that tariffs are needed to protect domestic firms from foreign competition.
C) protesters believe that free trade destroys the distinctive cultures of many countries.
D) protesters object to the loss of intellectual property (such as software programs and movies) that results from foreign trade and investment.

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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