Dominican Republic Globalization Analysis

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“Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. However, it does not include unhindered movement of labor and, as suggested by some economists, may hurt smaller or fragile economies if applied indiscriminately.” Therefore, to explore the resistance and the effects of globalization in the Dominican Republic and to address the relationship with other foreign countries and the United States, this essay is going to look at the concepts of resistance and globalization in the countries I mention, how those cultures come to interact with each other, and what the main traits …show more content…
It’s also the biggest market for high technology content exports. If the United States get sick as a result all the other region will get sick because they all depend on the United States dollar that have more value. In other words, is a dominant states? In the Dominican Republic the dollar is more because it grows. However, you are probably thinking the dollar doesn’t have that much value because euro is much expensive than dollar. If you have a bill of 10 euro and convert it to dollar you would get 12.77 dollar this mean you would get more money like in Dominican Republic you could convert peso, but the only issues is that you need to exchange a lot of peso to get a good sum of dollar. There is résistance for the reason the United States want rise the global trade, the economy, politics and etc... Like in the back of the dollar bill say “new secular order” in other word “new world order” this phrase for me mean that the world is changing and they would be new laws in the future. The factor that are causing resistance to globalization are the corruption of some government like in the Dominican Republic and other region. The world is talking about the globalization and people are protesting because the lack of job the food is expensive and transportation. My mother once say “the poor get poorer and the rich get richer” I agree with that statement for the reason poor people are losing …show more content…
Why? Because it’s fortune throughout the region, Upswing investment opportunities, establish effective processes to inspire national manufacture, the tariff are very lows. That a plus for the Dominican Republic for the reason this region is not that rich like Qatar. “The basic challenge is that what is called ‘globalization’ is really another name for the dominant role of the United States. During the past decade, the United States has created unprecedented wealth, broadened and deepened the availability of capital; funded the creation, development and broad distribution of a wide variety of new technologies, created markets for an endless array of goods and services… in economic terms it can get no better:” In other words, this quote mean that the United States is being very serious with their trade with foreign countries and the Dominican Republic. The United States is a region that is successful and have a great reputation no other region could say nothing about the United

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