Week 1: Globalization and Free Trade

What a relevant topic here in Week 1 as we are keenly aware of supply chain dependencies! According to Chapter 1, globalization has resulted in greater interconnectedness among markets around the world and increased communication and awareness of business opportunities in the far corners of the globe. More investors can access new investment opportunities and study new markets at a greater distance than before.

Referring to key concepts in Chapter 1:

• What interests you? Give us a specific example of how globalization or economic systems have an effect on the "factors of production" (pg. 8 of Chapter 1). OR
• Provide a relevant example of some of the barriers to international trade (See also Chapter 3).
• Remember to cite your sources in APA format. Feel free to use Google sources, etc.