Which of the Following Statements Accurately Expresses Evidence That Globalization

Multiple Choice

Which of the following statements accurately expresses evidence that globalization does not encourage a "race to the bottom" in labor standards?

A) The wages paid by multinational firms to their poor countries' subsidiaries are higher than the wages paid in rich countries.
B) Poor countries that participate in globalization have quickly become rich.
C) Multinational firms tend to pay higher wages than local firms, but they tend to provide lower benefits than existed in the country prior to globalization.
D) Multinational firms must sign contracts with the IMF stating that they will offer exceptional worker benefits.
E) Multinational firms tend to pay higher wages than local firms and tend to provide greater benefits for workers than existed in the country prior to globalization.