What is a common misconception about globalization?

The idea that globalization benefits all countries equally is a common misconception because globalization brings varying impacts based on a country’s level of development, political stability, economic structure, and resources. While globalization can create opportunities for economic growth, not all nations are equipped to take advantage of these opportunities. In many cases, wealthy nations may disproportionately benefit from trade agreements, technological advancements, and global markets, while poorer nations may face challenges such as increased competition, exploitation, and reliance on exporting raw materials rather than developing their own industries. This uneven distribution of benefits leads to disparities between countries, contrasting significantly with the notion of equal advantages for all.

In contrast, the other choices highlight aspects of globalization that may have positive outcomes, such as job opportunities in developed nations or potential financial growth in impoverished regions; however, these outcomes are not universal or guaranteed. Furthermore, while globalization can contribute to improved international relations by fostering economic interdependence and cooperation, this is also not assured for every country involved.