Proponents and critics of Globalization by NHU MẠI https://padlet.com/nongthinhumai/Bookmarks Được tạo với sự tập trung vào mục tiêu en-us 2022-04-27 07:32:00 UTC 2022-04-27 07:52:38 UTC hello@padlet.com The protext of GLOBALIZATION caothangloia10 https://padlet.com/nongthinhumai/Bookmarks/wish/2159950529
  • Share the capacity of the home country with other countries.
  • Loss of job opportunities for domestic workers
  • Devaluation of the minimum wage for domestic workers
  • The problem of religion, the problem of illegal immigration
  • Rising Inequality: Globalization can raise the problem of inequality everywhere in the world by increasing specialization and trade. By trade boost of the per-capita income, it a cause relative poverty, worldwide
  • Imbalanced Trades: The balance of trade refers to the ratio between export and import of commodities and services. Any country can trade with any other country, and globalization causes an imbalance in this ratio. It is also termed ‘trade deficits.’ Over the years, trade imbalance has increased in developed countries by competition in the market.
  • Causes job displacement. Globalization doesn’t result in an increased number of jobs; rather, it redistributes jobs by moving production from high-cost countries to lower-cost ones. This means that high-cost countries often lose jobs due to globalization, as production goes overseas.
    • ]]>     2022-04-27 07:44:40 UTC https://padlet.com/nongthinhumai/Bookmarks/wish/2159950529     Support of globalization hannguyenngoc1005 https://padlet.com/nongthinhumai/Bookmarks/wish/2159952709 Support because it is necessary for all countries in the integration period.
     - It creates new opportunities to improve productivity
    - Expanding international markets for goods
    - Increase the ability to consume goods
    - Trade between countries becomes easier
    - Raising the standard of living in developing countries
    - Economically: take advantage of comparative advantages, reduce labor and material costs
    - Outsourcing brings jobs and technology to developing countries
    - International social justice]]>     2022-04-27 07:46:37 UTC https://padlet.com/nongthinhumai/Bookmarks/wish/2159952709