Which of the Following Statements About Global Economic Policy Is

Multiple Choice

Which of the following statements about global economic policy is LEAST accurate?

A) With the ratification of NAFTA, the United States became part of the world's largest free trade zone.
B) Many economists argue that once-popular protectionist policies lead to recessions and sometimes full depressions.
C) Protestors have argued that globalization, especially as directed by international organizations such as the WTO, undermine regional sovereignty and representative democracy.
D) The United States has suffered the loss of many jobs in the manufacturing sector as a result of globalization, though some U.S. exports have benefitted.
E) The U.S. generally refuses to work with the WTO to promote global economic stability.