Does covid 19 mean the end for globalization

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Reference no: EM133506814

Assignment:

Read this article Does COVId 19 Mean the End f9r Globalization? and answer the 6 questions below, Although voters may be against free trade in theory, they support it with their wallets when they shop. Walmart, the largest retail chain in the United States, continues to source 70-80 percent of its products from Chinese suppliers. Occasional calls for boycotts have gone nowhere and this is unlikely to change when people's sole focus for purchasing is price and value. Read the article and respond to the following questions.

1. ldentify the 2 major political events that were causing certain aspects of globalization to be reversed.

2. Determine the economic phenomena that resulted in some companies de-globalizing their supply chains.

3. Explain how Covid 19 represents a threat to international trading systems.

4. State the percentage of Walmart's products that originate from China?

5. Would you be willing to pay more for a product produced in Canada or do you prefer to buy a product produced overseas but that is cheaper? Explain your answer.

6. Is globalization in Canada's best interest? Explain why.

Reference no: EM133506814

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