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While referring to the %u201CEYE on YOUR LIFE%u201D section on page 467 of the textbook, consider the trade policies that serve our self-interests and what best serves the global social interests. Base your answer on the economic concepts you have learned in this course. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

For example, as U.S. consumers, we are the %u201Cwinners%u201D in globalization, which has brought iPods, Wii games, Nike shoes, and a wide range of other products to our shops at low prices. However, the big %u201Closers%u201D of globalization include the U.S. textile workers and furniture makers whose jobs disappeared overseas. Other %u201Closers%u201D include the African farmers whose crops were blocked by trade restrictions and subsidies in the United States and Europe.

What global social interests or responsibilities, if any, do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.

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Yusra Anees
Yusra AneesLv10
28 Sep 2019

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