Which of the following is NOT true regarding globalization?
a) It creates winners and losers.
b) Some multinational companies will utilize globalization may try to pay substandard wages to the workers they employ in developing countries.
c) It has the potential to increase the quality of life for people.
d) It guarantees that quality of life for all people will increase.
e) Export barriers may need to be imposed by the WTO to help regulate the actions of multinational companies.

E) Export barriers may need to be imposed by the WTO to help regulate the actions of multinational companies.

Explanation:

The World Trade Organization's (WTO) whole purpose is to increase world trade, foster globalization and reduce trade barriers. As stated by the WTO itself "The goal is to ensure that trade flows as smoothly, predictably and freely as possible."

So the WTO will not impose any type of export or import barrier.

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