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Issues Of Globalization In The United States

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Globalization brings a number of issues with it. The biggest of which is that, in theory it furthers the divide By the way the rich and the poor countries. When the global community becomes closer and more interlinked, there is a distinct advantage to being a more economically developed and industrialized nation. Having the infrastructure and ability to subsidize their own industries means that they have the ability to protect their own industries while other nations that may be able to compete with their prices on an international scale, tariffs make it more costly to import foreign goods into a protected market while subsidies make it cheaper to buy local goods. The most obvious example of this in the US is the agriculture and farming industries.

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