Globalization is defined as the connection between different parts of the world, which results in the expansion
Question:
Globalization is defined as the connection between different parts of the world, which results in the expansion of international culture, economic, and political activities. Free Trade represents international trade that is free of tariffs, quotas, or other restrictions. Free trade is an economic aspect of Globalization. It has been argued that Globalization and free trade benefit all countries, their citizens, their governments, and their economies.
1. Describe how various groups are affected by Globalization and Free Trade in the United States. Groups would include U.S. workers, U.S. businesses, the U.S. government, and U.S. consumers. Which groups are positively affected, and how, and which groups are negatively affected, and how? Give examples.
2. Select a country that is a developing county (e. g, China, India, Vietnam, Indonesia, Brazil, Chile, and Mexico, or African countries). Describe how the same various groups are affected by Globalization and Free Trade within that country. (Select India)
3. Summarize the significant differences between developed countries (like the U.S.) and developing countries regarding the benefits of Globalization and Free Trade.