Globalization[1]

Globalization[1] - Benefits of globalization Increased...

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Benefits of globalization Increased economic productivity - comparative advantage Lower prices for consumers Improves access to investment funds, technology Helps spread democratic values and personal freedom pp p Reduces risk of military conflict
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Major concerns about globalization Instability of financial markets oss of sovereignty Loss of sovereignty International race to the bottom: Job insecurity, lower wages & benefits, frayed social safety net, harm to the environment, etc. Increased inequality of income and wealth Loss of indigenous cultures
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World Trade Organization (WTO)
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This note was uploaded on 09/07/2011 for the course BUS 682 taught by Professor Staff during the Spring '11 term at S.F. State.

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Globalization[1] - Benefits of globalization Increased...

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