Globalization: Countries

2603 WordsApr 2, 200511 Pages
Introduction: There are a few important questions that need to be asked when discussing globalization and the effects it has on the world. 1. How can the developing countries, especially the poorest, be helped to catch up? 2. Does globalization aggravate inequality or can it help to reduce poverty? 3. Are countries that integrate with the global economy inevitably vulnerable to instability? Let's first start off with a definition… What is globalization? The term "globalization" has acquired considerable emotive force. Some view it as a process that is beneficial, a key to future world economic development and also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases…show more content…
In the abstract, they like both concepts; 64% of those polled think globalization benefits the U.S. economy, and 68% think U.S. consumers gain. But the public is split about whether the advancing global economy hurts the environment and jobs. And 69% believe that trade agreements with low-wage countries drive down U.S. wages. This may be one reason why 79% say China shouldn't be welcomed into the global trading system unless it adopts human rights and labor standards. Globalization: Good or Bad? Many of the goods and services produced in this country are exported and sold around the world. Many of the goods and services we buy here are imported from other countries. Overall, do you think globalization is good or bad for: Good Bad Don't Know Refused Consumers like you 68% 23% 9% 1% American companies 63% 29% 7% 1% The U.S. economy 64% 28% 7% 1% Creating jobs in the U.S. 50% 42% 7% 1% The environment 45% 38% 16% 1% Providing jobs and 75% 16% 8% 1% strengthening the economy in poor countries What are you? Which of the following best describes your views about foreign trade? Do you consider yourself to be someone who believes in free trade or trade without any restrictions, someone who believes in fair trade or trade with some standards for labor and the environment, or someone who is
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