Describe how various groups have been affected by free trade

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Question - Globalization Discussion

Description - Globalization is the connection between different parts of the world, which expands international culture, economic, and political activities. Free trade is an economic aspect of Globalization. Free Trade represents international trade free of tariffs, quotas, or other restrictions.

It has been argued that Globalization and free trade benefit all countries, their citizens, governments, and economies.

1. Describe how various groups have been affected by Free Trade in the United States. Groups would include U.S. workers, U.S. businesses, the U.S. government, and U.S. consumers. Which groups are positively affected, how, and which groups are negatively affected? Give examples.

2. Select a developing country (e. g, China, India, Vietnam, Indonesia, Brazil, Chile, Mexico, or African countries). Describe how the same various groups have been affected by Free Trade in that country.

3. Summarize the significant differences between developed countries (like the U.S.) and developing countries regarding the benefits of Free Trade.

Reference no: EM133264323

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