BSA 310 WEEK 2 DQ 1 and DQ 2 Copy
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Based on Samuelson's (2007) article, list and explain three reasons why globalization is a positive influence for U.S. trade.
Much of the U.S. population is ill-informed on the positive benefits off globalization. The adverse effects of globalization contribute little to decline of U.S. employment. Globalization stimulates economic growth by creating jobs for domestic workers. Increase in American exports allows U.S. organizations to remain prosperous and maintain adequate work force. Many industries are trade sensitive and require trade with foreign countries in order to sustain operations.
Globalization also provides American consumers with more choice or specific goods at lower prices. Trade with foreign countries is necessary to secure to U.S. dollar as the central international...