The globalization debate many influential economists, politicians, and business leaders think that a shift toward a more integrated and interdependent global economy is a good thing. there is evidence to support the theory that falling barriers to international trade and investment drive the global economy toward greater prosperity. there are, however, critics who argue against globalization. anecdotes, evidence, and arguments can be collected to support each side of the debate.
international businesses need to understand the nature of the globalization debate and observe how their own practices may act in support of, or against globalization. understanding how each side sees the issues can lead toward better solutions to the problems caused by globalization.
evaluate the listed issues. decide whether the issue is an argument for globalization or an argument against globalization and who or what is being affected by the issue.
a. development of better skills
b. loss of jobs due to competition
c. more markets to sell in
d. tougher laws lead to lower pollution rates
e. lack of adequate regulations causes abuse
f. more products to choose from
g. don’t know how products are made
h. can go bankrupt due to competition.