Great test. I got four wrong, three of which were totally ridiculous responses I shouldn't have gotten wrong. Oh well. The bottom line is the bottom line.
I came in at 87.88&.
I emailed them on:
International trade and specialization most often lead to which of the following? Ans, which I got right: an increase in a nation’s productivity
But, I never realized specialiszation was part of the globalization equation. What they are doing is essentially treating countries as individuals and saying specialize in something. But companies are made up of individuals and forcing them into a theme to the exclusion of others is counter-productive.
Globalization is good for getting the lowest cost commodity, but in higher pursuits, it's dangerous as you lose control of your destiny and the reduced comeptition leads to mediocrity. Country specialization reeks of central planning, the communist model, in a way.
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