Which of the following statements about the effects of globalization are most likely correct?
Statement 1: Globalization has led to increased efficiency in markets, resulting in wider availability of
products at lower costs.
Statement 2: Globalization has led to increased social well-being due to a reduction in social structural
inequality.
A concept that attempts to describe what would happen to global temperatures if CO# concentrations in the
atmosphere were to double relative to the pre-industrial average is best described as: