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26 Sep 2005, 05:56
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Those who think globalization is a great American conspiracy aimed at pauperizing the impoverished Third World may pause and take a look at Company Town, USA, where a tumult is brewing over what free trade is doing to Americans. In the past few months, the small town and suburban America has been shorn of thousands of jobs. Some are going to China, but most are just being squeezed out as American companies, having partied till the onset of the new millennium, are now getting tough.
Which of the following is an assumption made in the above passage:
(A) Globalization implies a smaller workforce.
(B) Globalization has caused loss of jobs in America.
(C) New jobs in China have come at the cost of jobs in America.
(D) American companies do not need to globalize but only do so to reduce costs.
Which of the following is an assumption made in the above passage:
(A) Globalization implies a smaller workforce.
(B) Globalization has caused loss of jobs in America.
(C) New jobs in China have come at the cost of jobs in America.
(D) American companies do not need to globalize but only do so to reduce costs.
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