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Neoliberalism Argues That Global Free Trade Will Enable All Countries

Question 19

Multiple Choice

Neoliberalism argues that global free trade will enable all countries to prosper. From this perspective, what is needed in order for this to happen?


A) There must be an effort to enable third world governments to regulate wage and labor laws.
B) Countries must eliminate all governmental regulation and disavow minimum wage and other labor laws.
C) Wealthy nations must provide loan money with interest to the newly industrializing economies (NIEs) so they have capital to invest in their economies.
D) Countries must be persuaded to ignore political and military power.

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