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Unformatted text preview: Week 1 Discussion Notes: Is the shift toward a more integrated and interdependent global economy a good thing? Many influential economists, politicians, and business leaders seem to think so. They argue that falling barriers to international trade and investment are the twin engines driving the global economy toward greater prosperity. They say increased international trade and cross – boarder investment will result in lower prices for goods and services. They believe that globalization stimulates economic growth, raises the incomes of consumers, and helps to create jobs in all countries that participate in the global trading system. Street demonstrations against globalization date to December 1999, when more than 40000 protestors blocked the streets of Seatle in an attempt to shut down the World Trade Organization metting being held in the city. The demonstrators were protesting against a wide range of issues, including job losses in industries under attack from foreign competitors, downward...
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This note was uploaded on 05/22/2011 for the course MGMT 3105 taught by Professor Jennyswearingen during the Spring '11 term at Walden University.
- Spring '11