Eduardo Paes, the former mayor of the city of Rio de Janeiro, Brazil states “Globalization has produced a new level of interdependence among us. The economy and multinational supply chains do not abide by political boundaries. A computer ordered in Brazil is designed in California and assembled in several other countries. Economic integration was the first strong evidence of a new era.” Modern globalization has produced an age that countries depend on each other to benefit one another. Some countries become followers in this era, and other follow trying to find some benefit from the leaders. The leaders of globalization are the U.S.A and China, one of the following countries is Trinidad and Tobago. Globalization has helped cultures learn and
…show more content…
The economics of the country have the most substantial impact for the country. The BBC explains the benefits that China has with the U.S, "Chinese imports explain 44% of the decline in employment in manufacturing in the US between 1990 and 2007, according to a report by the Institute for the Study of Labor in Bonn." That why fighting the U.S will hinder the Chinese economics substantially. The Chinese president says that “No one will emerge as a winner in a trade war”. This means that if the U.S.A or China would want to be the only leader in this new era of globalization, then both countries would suffer because they need each other to maintain the leadership …show more content…
"China's Xi Jinping Seizes Role as Leader on Globalization." The Wall Street Journal. Dow Jones & Company, 17 Jan. 2017. Web. 03 Feb. 2017
Broad, Mark. "Why Is Globalisation under Attack?" BBC News. BBC, 06 Oct. 2016. Web. 03 Feb. 2017
Laura TysonFollow @lauradtyson !function (d, S, Id) { Var Js, Fjs = D.getElementsByTagName(s)[0]; If (!d.getElementById(id)) { Js = D.createElement(s); Js.id = Id; Js.src = "//platform.twitter.com/widgets.js"; Fjs.parentNode.insertBefore(js, Fjs); } }(doc, Mirek Fatyga, Marcus J, Bb K, Stephan Edwards, B. Wilds, Rick Puglisi, Lucas Soorholtz, Carmen Reinhart, Joseph E. Stiglitz, and Andrés Velasco. "Adapting to the New Globalization." Project Syndicate. N.p., 08 Feb. 2017. Web. 03 Mar. 2017.
Smialek, Jeanna. "Productivity Could Be a Loser in Globalization Backlash."Bloomberg.com. Bloomberg, 28 Feb. 2017. Web. 03 Mar. 2017.
"In Iowa, Globalization and a Culture Clash." CNN. Cable News Network, n.d. Web. 17 Feb.
The economics of the country have the most substantial impact for the country. The BBC explains the benefits that China has with the U.S, "Chinese imports explain 44% of the decline in employment in manufacturing in the US between 1990 and 2007, according to a report by the Institute for the Study of Labor in Bonn." That why fighting the U.S will hinder the Chinese economics substantially. The Chinese president says that “No one will emerge as a winner in a trade war”. This means that if the U.S.A or China would want to be the only leader in this new era of globalization, then both countries would suffer because they need each other to maintain the leadership …show more content…
"China's Xi Jinping Seizes Role as Leader on Globalization." The Wall Street Journal. Dow Jones & Company, 17 Jan. 2017. Web. 03 Feb. 2017
Broad, Mark. "Why Is Globalisation under Attack?" BBC News. BBC, 06 Oct. 2016. Web. 03 Feb. 2017
Laura TysonFollow @lauradtyson !function (d, S, Id) { Var Js, Fjs = D.getElementsByTagName(s)[0]; If (!d.getElementById(id)) { Js = D.createElement(s); Js.id = Id; Js.src = "//platform.twitter.com/widgets.js"; Fjs.parentNode.insertBefore(js, Fjs); } }(doc, Mirek Fatyga, Marcus J, Bb K, Stephan Edwards, B. Wilds, Rick Puglisi, Lucas Soorholtz, Carmen Reinhart, Joseph E. Stiglitz, and Andrés Velasco. "Adapting to the New Globalization." Project Syndicate. N.p., 08 Feb. 2017. Web. 03 Mar. 2017.
Smialek, Jeanna. "Productivity Could Be a Loser in Globalization Backlash."Bloomberg.com. Bloomberg, 28 Feb. 2017. Web. 03 Mar. 2017.
"In Iowa, Globalization and a Culture Clash." CNN. Cable News Network, n.d. Web. 17 Feb.