Economics · Globalization
In which of the following ways have developing countries generally NOT benefited from globalization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It dramatically reduces the costs of international transportation and communication.
- 2It allows them to utilize foreign technology without immediate heavy investments in primary R&D.
- 3It has significantly strengthened the domestic Welfare State.✓
- 4It enables them to raise capital without absolute reliance on international indebtedness.
Correct answer
It has significantly strengthened the domestic Welfare State.
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