Economics · Globalization
In which of the following ways have developing countries NOT benefited from globalization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It reduces the cost of transportation and communication.
- 2These countries can make use of foreign technology without investment in research and development.
- 3It has strengthened the Welfare State.✓
- 4Globalization enables them to raise capital without recourse to international indebtedness.
Correct answer
It has strengthened the Welfare State.
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