Question 1: What is creative destruction, and how does it relate to globalization? Question 2: According to The Economist, the government needs to be more proactive in order to make globalization work better. List and discuss the recommendations that were outlined. Question 3: What are the benefits to Boeing of outsourcing the manufacturing of components for the Boeing 787 to firms based in other countries? What are the potential costs and risks to Boeing of outsourcing? Do you think that the kind of outsourcing undertaken by Boeing is a good thing or a bad thing for the American economy? Explain your reasoning. Question 4: The world's poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital, their land is of poor quality, they often have too many people given available work opportunities, and they are poorly educated. Free trade cannot possibly be in the interests of such nations. Discuss. Question 5: Do you think that governments should consider human rights when granting preferential trading rights to countries? What are the arguments for and against taking such a position?