What is international trading? “I have no clue.” That’s probably, the most common response one could get from an average person, whom is uneducated in the world of globalization; I must admit I was one of them. Being a banker, I did, however, speculate that it had something to do with trading stocks. Well, not exactly. During my internet research, I have learned that global trade was created with a goal of making the world’s economy better. Let’s examine at the pros and cons, and how to prepare a career in international business.
Various advocates view international trade as a way to improve the economic growth of each countries and having the potential key solution to making our world a better place to live in. One might ask, “How does international …show more content…
Globalization has brought a massive concern in the issue of social injustice: Safety standards of laborers are being ignored to produce cheap goods; workers, children and even prisoners, are being put to work in inhumane working conditions. Exploitation of labor has led the increased in human trafficking. Often, they are being recruited and transferred from poor countries only to be dehumanized earning no wages, or if they were lucky enough, they will earn slave labor wages. Another shocking problem, as a result of global trading, is the allegations of the incursion of communicable diseases such as HIV/AIDS that are being spread by travelers all over the world. In the United States of America, the biggest disadvantage that people complain about is the deindustrialization of America. Pay-cut demands from employers who threaten to export jobs have made the rich people richer while making the non-rich poorer. Mike Collins. “The Pros and Cons of Globalization.” Forbes, forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/#5ecc5c882170. Accessed 2 Sept. …show more content…
However, many advocates of anti global trades believe, it is a form of false consciousness that prevents people from seeing their true intentions. It is also viewed as the power to influence the world in bettering the status of all nations, but in reality, it does not serve the interests of many people, it harms the culture of many and in fact, “it is controlling and dominating.” This brings back the act of capitalisms after the Cold War. Moreover, it creates more issues such as, the deterioration of the environment, the problems in human rights, and the removal of the democratic control. This is, “Why some people and organizations oppose the concept of globalization of business.” “Globalization Issues.” Lecher, Frank. The Globalization Website. sociology.emory.edu/faculty/globalization/issues04.html. Accessed 2 Sept.
Various advocates view international trade as a way to improve the economic growth of each countries and having the potential key solution to making our world a better place to live in. One might ask, “How does international …show more content…
Globalization has brought a massive concern in the issue of social injustice: Safety standards of laborers are being ignored to produce cheap goods; workers, children and even prisoners, are being put to work in inhumane working conditions. Exploitation of labor has led the increased in human trafficking. Often, they are being recruited and transferred from poor countries only to be dehumanized earning no wages, or if they were lucky enough, they will earn slave labor wages. Another shocking problem, as a result of global trading, is the allegations of the incursion of communicable diseases such as HIV/AIDS that are being spread by travelers all over the world. In the United States of America, the biggest disadvantage that people complain about is the deindustrialization of America. Pay-cut demands from employers who threaten to export jobs have made the rich people richer while making the non-rich poorer. Mike Collins. “The Pros and Cons of Globalization.” Forbes, forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/#5ecc5c882170. Accessed 2 Sept. …show more content…
However, many advocates of anti global trades believe, it is a form of false consciousness that prevents people from seeing their true intentions. It is also viewed as the power to influence the world in bettering the status of all nations, but in reality, it does not serve the interests of many people, it harms the culture of many and in fact, “it is controlling and dominating.” This brings back the act of capitalisms after the Cold War. Moreover, it creates more issues such as, the deterioration of the environment, the problems in human rights, and the removal of the democratic control. This is, “Why some people and organizations oppose the concept of globalization of business.” “Globalization Issues.” Lecher, Frank. The Globalization Website. sociology.emory.edu/faculty/globalization/issues04.html. Accessed 2 Sept.