Business, 27.04.2021 14:00 brinleychristofferse

Why has globalization led to an increasing income gap between rich and poor countries?

A. Laborers from developing countries migrate to developed countries in search of better-paying jobs.
B. The reduced production costs provided by low wages in developing countries enable companies to make larger profits.
C. Reduced transportation costs have enabled developed countries to extract more natural resources from their colonies.
D. Countries with well-established infrastructure and productive capacities have more competitive industries.

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Why has globalization led to an increasing income gap between rich and poor countries?

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