Option 1: Advocates of globalization argue that it will result in greater economic growth. This statement is generally correct. Proponents of globalization argue that countries engaging in global trade and investment can benefit from increased economic growth, as it opens up new markets and opportunities for businesses.

Option 2: Critics of globalization argue that it will result in greater economic disparity. This statement is generally correct. Critics of globalization argue that it can lead to economic inequality, as wealth and resources tend to concentrate in the hands of powerful multinational corporations and wealthy individuals, leaving the majority of the population at a disadvantage.

Option 3: Advocates of globalization argue that it will result in cultural homogenization. This statement is generally correct. Supporters of globalization argue that increased interconnectedness and cultural exchange can lead to a blending of cultures and the diffusion of ideas, resulting in cultural homogenization.

Option 4: Critics of globalization argue that it will result in cultural homogenization. This statement is not correct. Critics of globalization argue that cultural homogenization is a negative consequence of globalization. They believe that it can erode cultural diversity and lead to the loss of unique cultural traditions and identities.

Alert - correct answer should be: 3. Critics of globalization argue that it will result in cultural hom