Globalization and Income Distribution
Which of the following best describes an effect of globalization on income distribution within a country?
A
It solely benefited low-income groups by channeling wealth from multinational corporations directly to local communities.
B
It often led to greater income inequality by concentrating wealth among those who could best leverage global networks and resources.
C
It produced absolute income equality across all societal segments through the even distribution of international profits.
D
It had no discernible impact on income distribution as its benefits and burdens were perfectly balanced.
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