What are the pros and cons of globalization and free trade?

Answers

Answer 1

Pros

Supporters of globalization argue that it has the potential to make this world a better place to live in and solve some of the deep-seated problems like unemployment and poverty.

1. Free trade is supposed to reduce barriers such as tariffs, value added taxes, subsidies, and other barriers between nations. This is not true. There are still many barriers to free trade. The Washington Post story says “the problem is that the big G20 countries added more than 1,200 restrictive export and import measures since 2008

2. The proponents say globalization represents free trade which promotes global economic growth; creates jobs, makes companies more competitive, and lowers prices for consumers.

3. Competition between countries is supposed to drive prices down. In many cases this is not working because countries manipulate their currency to get a price advantage.

4. It also provides poor countries, through infusions of foreign capital and technology, with the chance to develop economically and by spreading prosperity, creates the conditions in which democracy and respect for human rights may flourish. This is an ethereal goal which hasn’t been achieved in most countries

5. According to supporters globalization and democracy should go hand in hand. It should be pure business with no colonialist designs.

6. There is now a worldwide market for companies and consumers who have access to products of different countries. True

7. Gradually there is a world power that is being created instead of compartmentalized power sectors. Politics is merging and decisions that are being taken are actually beneficial for people all over the world. This is simply a romanticized view of what is actually happening. True

8. There is more influx of information between two countries, which do not have anything in common between them. True

9. There is cultural intermingling and each country is learning more about other cultures. True

10. Since we share financial interests, corporations and governments are trying to sort out ecological problems for each other. – True, they are talking more than trying.

11. Socially we have become more open and tolerant towards each other and people who live in the other part of the world are not considered aliens. True in many cases.

12. Most people see speedy travel, mass communications and quick dissemination of information through the Internet as benefits of globalization. True

13. Labor can move from country to country to market their skills. True, but this can cause problems with the existing labor and downward pressure on wages.

14. Sharing technology with developing nations will help them progress. True for small countries but stealing our technologies and IP have become a big problem with our larger competitors like China.

15. Transnational companies investing in installing plants in other countries provide employment for the people in those countries often getting them out of poverty. True

16. Globalization has given countries the ability to agree to free trade agreements like NAFTA, South Korea Korus, and The TPP. True but these agreements have cost the U.S. many jobs and always increase our trade deficit

Cons

• The general complaint about globalization is that it has made the rich richer while making the non-rich poorer. “It is wonderful for managers, owners and investors, but hell on workers and nature.”

• Globalization is supposed to be about free trade where all barriers are eliminated but there are still many barriers. For instance161 countries have value added taxes (VATs) on imports which are as high as 21.6% in Europe. The U.S. does not have VAT.

• The biggest problem for developed countries is that jobs are lost and transferred to lower cost countries.” According to conservative estimates by Robert Scott of the Economic Policy Institute, granting China most favored nation status drained away 3.2 million jobs, including 2.4 million manufacturing jobs. He pegs the net losses due to our trade deficit with Japan ($78.3 billion in 2013) at 896,000 jobs, as well as an additional 682,900 jobs from the Mexico –U.S. trade-deficit run-up from 1994 through 2010.”

• Workers in developed countries like the US face pay-cut demands from employers who threaten to export jobs. This has created a culture of fear for many middle class workers who have little leverage in this global game

• Large multi-national corporations have the ability to exploit tax havens in other countries to avoid paying taxes.

• Multinational corporations are accused of social injustice, unfair working conditions (including slave labor wages,  “


Answer 2

The opening of new markets and the resulting growth in trade opportunities for some nations and companies is a benefit of free trade.


However, free trade and globalization open national economies up to the risks of the global economy. The risks include competition from cheap, foreign labor and being linked to foreign economies that might falter.


Related Questions

1. What is the algebraic expression for the following word phrase: The quotient of 7 and the sum of 3 and z?
A. 3-z
------
7

B. 7
---------
3-z

C. 3+z
-----------
7

D. 7
------------
3+z


2. Write an algebraic expression for the following word phrase: The quotient of 3 and z

A. 3
------
z

B. 3
-------
3z

C. 3z

D. 3-z


3. Which property is illustrated by the following statement:
(3z)xy=3(zx)7

A. Associative Property Of Multiplcation
B. Commutative Property Of Multiplication
C. Inverse Property Of Multiplication
D. Commutative Property Of Addition


4. You made two deposits to your bank account this month. One deposit was $17.92, and the second deposit was $15.33. Your balance at the end of the month is $72.31, and you made no withdrawals. Write and evaluate an expression for your balance at the beginning of the month.

A. $72.31 + ($17.92 - $15.33)
B. $72.31 - ($17.92 - $15.33)
C. $72.31 + $17.92 + $15.33
D $72.31 - $17.92 - $15.33

Answers

1.A
2.C
3.B
4.D
I think thats it im not really sure

List a few of the fundamental principles held by western civilization as a whole

Answers

The value of the individual and belief in the God of Israel are some of the fundamental principles held by the Western Civilization as a whole. There are also transformative chapters during this Civilization such as the development of liberal democracy, the Renaissance, the enlightenment, the Reformation, the Enlightenment and the scientific and Industrial Revolution.

If it is 6:00 in Illinois (IL), what time is it in Washington, D.C.? What time is it in Arizona (AZ)? What time is it in Washington (WA) state?

Answers

If it 6:00 it'll be 7 in Washington DC 8 in Arizona and 8 in Washington State
I agree with snippery

How did Sargon reinforce his rule in Mesopotamia?
a. He converted all the people to his Semitic religion
b. He tore down the defensive walls of major cities and appointed his own sons as rulers
c. He wrote the first law code
d. He claimed to be a descendant of the god Marduk

Answers

The answer to this question is: B.He tore down the defensive walls of major cities and appointed his own sons as rulers.
By doing this, he basically divided his kingdom into several smaller ones in the hopes that all of his Sons will be able to work together and could put more of their time and focus in handling the operation in smaller scale.

How did the experience of free blacks in the south compare with the experience of free blacks in the north?

Answers

Free blacks in the south still faced a large amount of systemic racism and legislation designed to keep them from enjoying the full fruits of the Constitution. With the imposition of black codes, the Jim Crow era, and concepts like red-lining, many southern cities and towns did their best to veritably exclude blacks from living day-to-day life on a par with that of whites.

Was the south’s strategy for fighting the war a good one? why or why not?

Answers

not really

1. they wanted to play more defensive
2. their capital was really close to Washington D.C (union's capital) 
3. they relied on help from neighboring countries for trade and export 

What is the fundamental difference between a city and county?

Counties are established by the state constitution.
Cities are established by the state constitution.
Counties are created by the legislative branch.
Cities are created by the executive branch.

Answers

City vs. County
A city and a county can sometimes be confusing to define. Differences are noticed when there are city services which are available only within city limits, and county services that are available throughout a few cities in their geographic region. For those who are unaware, there are many differences between a city and a county and are more than just geographic and population based.

A city is comprised of a relatively large population that is described as having some sort of historical establishment and legal system. Cities have their own court systems, law enforcement, fire departments, and some form of medical care centers. There are some cities which don’t have a full hospital, however they do have medical emergency services. Some cities have utility services, housing divisions, and even public transportation systems that can help move the community from one side of the city to another. The largest city in the world is Tokyo, Japan, and the largest city in the United States is Los Angeles, California. There are city limits which surround all cities which signifies to travelers that they are leaving what is the city and are either traveling through another city or the county till they reach another city.

A county is a geographically defined area that is typically divided for political purposes. Counties can vary in size and separate a state into different areas, similar to a province. There are a many cities and towns that fall within a given county, and they are all tied together by political leadership. There can be many different political viewpoints among the citizens of any given county, however they are tied together in voting for the same people.
A county is larger in population than any one city that is within the county. In Alaska and Louisiana the word county is not used, Louisiana refers to these areas as parishes and Alaska refers to them as boroughs. On average, there are 62 counties within any given state in the United States. Texas has more counties than any other state, and Delaware has the least amount of counties with only 3. The largest and most populated county is Los Angeles county, California, and the smallest is Loving county, Texas, with only 64 residents.
Cities and counties vary across the United States both in area and in population



Read more: Difference Between City and County | Difference B

Answer:

I think its B. Cities are established by the state constitution.

Explanation:

The belief that all nations should enjoy self-determination was expressed in what document?

League of Nations charter
Treaty of Versailles
Fourteen Points speech
Fourteen Reservations amendments

Answers

That would be the Fourteen Points Speech

All nations should be able to exercise their right to self-determination, according to the Fourteen Points speech. The correct answer is C.

Why was point 14 the most important?

The most significant point, however, was Point 14, which called for a "general association of nations" to provide "mutual guarantees of political independence and territorial integrity to great and small nations alike." Wilson was determined that the Fourteen Points and his League would succeed when he left for Paris in December 1918.

In his address to a joint session of Congress on January 8, 1918, President Woodrow Wilson outlined his goals for a stable, protracted peace in Europe, the Americas, and the rest of the world following World War I in his "Fourteen Points" speech.

Thus, the ideal selection is option C.

Learn more about the Fourteen Points speech here:

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In what ways did the general attitude of the french priest differ from the english attitudes toward the indians?

Answers

the indians werent afraid of it they understood what it was and the priest just used words from the book

Which animal did the native americans of the great plains rely on for food and a variety of other uses?

Answers

Buffalo hope this helped 

they also used Bison

Explain the full faith and credit clause.

Answers

Article IV, Section 1 of the United States Constitution this is know as the full faith and credit clause. This addresses the duties that the states in the United States have to respect such as public acts, records, and judicial procedures of every other state.

Answer:

The Full Faith and Credit Clause declaares that every state has to recognize "legislative acts, public records, and judicial decisions" of any state in the US. It ensure that any decision held by judges and courts in any state has to be honored in any other state.

In the mid 19th century harriet beecher stowe was a leader in the struggle for

Answers

Harriet Beecher Stowe was a key figure in the abolitionist movement through her influential novel, Uncle Tom's Cabin, and later contributed to the women's suffrage movement, leading to the passage of the 19th Amendment in 1920.

In the mid 19th century, Harriet Beecher Stowe was a prominent figure in the struggle for the abolition of slavery and later contributed to the women's rights movement. Stowe, best known for her novel Uncle Tom's Cabin, played a significant role in influencing public opinion about the immorality of slavery, which was a crucial aspect of the abolitionist movement. Her work inspired many, beyond its immediate impact on abolitionism, as noted in a comparison she drew between the legal position of married women and slaves. After the Civil War, with the abolition of slavery, attention shifted to the women's suffrage movement, where leaders like Elizabeth Cady Stanton and Susan B. Anthony took charge in advocating for women's right to vote and other legal rights.

Post-Civil War, women's rights activists like Stowe saw the potential for women to continue shaping public opinion and moral values, which contributed to the ongoing progress of American society. The struggle for women's suffrage, gaining momentum since the Seneca Falls Convention of 1848, was a major aspect of this fight for equality, culminating in the passage of the 19th Amendment in 1920, granting women the right to vote.

Which is not a power of the president?
a. commander in chief of the army/navy/militia
b. pardon power in impeachment
c. appoint ambassadors
d. nominate supreme court justices
e. make treaties (with advice and consent of senate)?

Answers

Im thinking B because the President has the power to do all the others.

applicants for naturalization _____ allegiance to the foreign countries of which they were formally citizens

Answers

Try RENOUNCE to fill in the blank.

Applicants for naturalization renounce allegiance to the foreign countries of which they were formally citizens.

In the United States, to become a citizen through naturalization, the applicant is required to undertake an oath renouncing previous allegiances and owe their allegiance to the U.S. instead. Once a citizen, the person will have the duty to exercise their rights and responsibilities stated in the nation's Constitution and receive protection as well.

What early religious movement developed democratic thought and individual freedom-- ideas that influenced the American Revolution?

Question 6 options:

Social Gospel


The Great Awakening


Reconstruction


Manifest Destiny

Answers

pretty sure its the great awakening

Which movement inspired the French Revolution?

Answers

The concepts of popular sovereignty and inalienable rights

Final answer:

The Enlightenment movement, with thinkers like Voltaire and Rousseau, was the primary inspiration for the French Revolution. It provided the ideological foundation for calls for liberty, equality, and political reform that led to the 1789 revolution in France.

Explanation:

The French Revolution, which began in 1789, was deeply influenced by the Enlightenment movement. Philosophers like Voltaire, Jean-Jacques Rousseau, and Montesquieu challenged the established doctrines with their ideas of reason, natural law, and the separation of powers.

These intellectual currents, along with deep economic issues and a desire for political reform, inspired the French people to overthrow the aristocratic system and establish a new republic based on the principles of liberty, equality, and fraternity.

The Enlightenment ideals were not originally designed to be universal in terms of race, gender, and class, yet they played a crucial role in undermining the legitimacy of the Old Regime.

Although initially rights and freedoms were advocated primarily for white males of certain social standings, these ideas eventually contributed to widespread social and political transformations.

How did the development of early asian and African civilization compare to the development of early American civilization

Answers

All human civilization is originated from the African Region and started to migrate to Asia, then to America and Europe
The daily life in the early civilization is actually really similar. And started to differ when they entered the Agricultural period because of the food resource that available near that region (Americans use wheat, Asians used grains, and the Africans used corns)
Final answer:

Early Asian, African, and American civilizations developed complex societies with their own unique structures, beliefs, and trade systems. Despite different paths, they shared similarities in agriculture, class structure, and artisanship. The interconnectedness of these civilizations through trade and interactions is a common and important aspect of their development.

Explanation:

The development of early Asian, African, and American civilizations varied extensively but also shared numerous similarities. In Africa, the growth of civilizations ranged from small village-based governments to large kingdoms with intricate systems of control, religious beliefs, and economic trade that eventually linked with Europe and Asia. Slavery played a role within these societies and had lasting impacts, especially following the transatlantic slave trade and European colonization.

Early Asian civilizations, particularly in regions such as India and China, became commercial and cultural hubs, influencing various aspects of life across Asia through trade, religion, and technology. Northeast Asian countries like Korea and Japan developed distinctive cultures heavily interacting through trade and diplomacy with China and each other, which helped them form unique societal structures.

In comparison, the American civilizations, despite having smaller populations, constructed impressive monuments and developed complex societies with expansive trade networks. These societies utilized their resources to produce artistic works and crafts, similar to the various cultures in Africa and Asia. However, they are often less documented or acknowledged in historical narratives. All these ancient societies, despite their differences, typically settled along fertile river valleys, enabling the rise of agrarian societies, class structures, and specialized artisans.

The comparison between these early civilizations shows how they all managed to develop advanced and complex societies, albeit through their own unique paths, with trade and agriculture as common factors contributing to their growth.

What was Siddhartha looking for when he set out on his spiritual quest?

Answers

The meaning of life, the meaning behind suffering , they key to happiness are something Siddhartha looking for when he set on his spiritual quest.

Siddhartha was seeking answers to human suffering and the realization of self during his spiritual quest, which led him to attain nirvana and develop teachings that he would share throughout his life.

Siddhartha, who was born a prince, embarked on a spiritual quest driven by the profound encounters with the realities of aging, sickness, and death. These experiences, along with witnessing a monk in peaceful meditation, led him to seek a path that could provide answers to the suffering he observed. Siddhartha's journey took him through years of following various teachers and practicing extreme asceticism, yet he was unsatisfied with the teachings he received.

Through deep meditation beneath a tree, Siddhartha reached enlightenment, experiencing nirvana and gaining insights into the nature of suffering and the means to end it. These insights formed the core of his teachings, which he then shared across northern India for the remainder of his life.The true goal of Siddhartha's spiritual pursuits was to understand the essence of the self and its relationship with the universe, ultimately coming to the realization of oneness with all things.

Who did the british colonies export goods to?

Answers

I think England, Africa, and West Indies. 

_________ describes best the actions of the puritan leaders in massachusetts bay.

Answers

It might be said that Intolerant describes best the actions of the puritan leaders in Massachusetts bay. Puritans who founded the Bay received a royal charter with the  tile to Massachusetts and New Hampshire. Massachusetts is described as the "city of upon a hill" because Puritans were a holy model commonwealth. 

what was the overall problem with the articles of confederation

Answers

-no chief executive (lack of federal power)
-laws had to be approved by 9/13 states (long time to pass laws)
-government didn't have power to tax citizens (couldn't pay their debts)
- no national court system

How did the supreme court help erode African Americans' freedom?

Answers

The Supreme Court helped wear down the freedom of African-Americans after the civil war because it didn't announce many of the laws that were intended to harass African-Americans as unlawful. It even supported separation when it confirmed that the doctrine of separate but equal was a constitutional right.

The correct answer to this open question is the following.

The Supreme Court helped erode African Americans' freedom with its decision on the Dred Scott case and its decision in 1883 of declaring the Civil Rights Act of 1875, unconstitutional.

These decisions severely hurt the civil rights of African Americans in the United States. The Supreme Court also added that the US Congress lacked the authority under the 14th Amendment to give protection to African Americans and that the states were the ones that had the authority to do so.

What were the two most valuable resources traded in ghana?

Answers

gold and salt were the two most valuable resources traded in Ghana.
gold and salt were the two most valuable resources traded in ghana.

The city of __________ , near present-day st. louis, served as the urban center of mississippian culture.

Answers

Cahokia is the answer 

Cahokia, located in Illinois near present-day St. Louis, was the urban center of Mississippian culture. It was home to tens of thousands of people and featured over 120 earthen mounds, serving as a hub for political and trade activities in North America during its height around 1100 CE

The city that served as the urban center of Mississippian culture, near present-day St. Louis, is Cahokia. This large urban Mississippian center was located in Illinois and was one of the most significant indigenous cultural and population centers in North America. During its peak around 1100 CE, Cahokia housed over ten thousand residents with tens of thousands more living in the surrounding areas. It was known for its sophisticated mound structures and over 120 mounds, with the largest covering fifteen acres.

Cahokia was the hub of political and trading activities and had a dominant position in the Mississippian world, influencing areas from the Great Lakes to the Gulf Coast. Its decline around 1300 CE is believed to be due to environmental factors impacting the region’s ability to support such a large population. Notably, this influential city showed the advanced societal structures that existed more than 1000 years before European contact.

What strategies did slaves employ to resist, revolt, and sustain their own independent communities and cultures? how did slaves use white southerners’ own philosophies—paternalism and christianity, for example—to their advantage in these efforts?

Answers

Slaves could resist slavery in many ways, such as revolts, run away, and other acts of resistance such as sabotage - such as break tools, set things on fire -.

They would sustain their own culture and communities by cooperation between them, they would develop friendships and family ties between them, this way they would maintain their culture and traditions. They also would sing traditional songs and do storytelling.

Slaves incorporated elements of Christianity into their own African religions and would sing and dance to Christian songs using Africans rhythms for example. This way they could still preserve their roots and culture.

The strategies which the slaves employed to resist, revolt, and sustain their own independent communities and cultures were:

Developing friendships and family ties among themselves

The slaves used the white Southerners’ own philosophies—paternalism and christianity, for example—to their advantage in these efforts by:

Mix up Christian songs with their own African songs

According to the given question, we can see that the African slaves tried their best to preserve their culture and not let it get forgotten in the midst of another culture.

As a result of this, these African slaves were able to preserve their culture and traditions by establishing friendship and family ties and by mixing African songs to the Christian songs they were taught.

Read more here:

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What was the effect of tyranny's role in ending the rule of greek aristocrats?

Answers

A form of Greek government in which elite classes rule is called the Aristocratic rule by Aristocrats that begin to rule ancient Greek City States in 1980s. When the rule of Greek Aristocrats ends, tyrannical rule came and made the city states become a democratic government, though some city states still used to rule by oligarchy.

Most colonial artists such as Robert Feke were portrait painters because a. art exhibits consisted primarily of portraits of European kings and queens. b. that was the art colonists were most interested in buying. c. regional landscapes were not popular outside the area they portrayed. d. portraits were the most popular art form in Europe. PLease help they all seem like good answers...

Answers

Dean portraits with the most popular art form in

What early 1868 action by andrew johnson sparked his impeachment by the u.s. house of representatives?

Answers

He fired the secretary of war which broke the tenure of office act so the representatives wanted to change him. This was considered to be illegal because a president could fire anyone as he saw fit and it could be corruption instead of earning by merit.

which statement explaining why toronto is a major port is fasle

Answers

Agricultural resources

What effect has migration had on the united states

Answers

immigrants coming over here trying to take our jobs
The US became more cultural opened, and there were more cultures in the US

The US afterall, is known as the country of immigrants. Almost all of us have immigranted here or had ancestors that did

hope this helps
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