[PLCY 110] - Final Exam Guide - Everything you need to know! (124 pages long)

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1 Dec 2016
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Trick question - multiple arguments: having winners and loses does not mean these things are zero sum! State able to take advantage of lower costs to compete in global economy: race to the bottom long term effects, political reform, no examples of countries that have gone through this and haven"t seen errors of their ways. Ex: usa, child labor: industrialization, skilled job evolution, economic growth, job migration. Environmental degradation: negative externality associated with industrialization, environmental degradation, something that occur in a number of phases that can occur at any point during trade/production process, production. Pesticide use in agriculture industries: transportation, burning fuel to transport good is problematic for environment, consumption. 60% reduction in negative environmental effects from hang drying: disposal, globalization policy issues, dying industries. Problem: industries losing competitive edge losing jobs. Policy solution: protectionist policies: actors: producers, consumers, retailers, nafta, cafta, agoa, Example: textile imports from different countries causing us textile industry to die: job migration.