In the article “The High Stakes of World Trade” by Renato Ruggiero, his point of view is that the job market was worse in 20 century than now. According to him, globalization represents a huge opportunity for countries at all level of …show more content…
This shows that due to international trade, the global income has increased and this also means that economies had more jobs for people who need it because of these international trades and international investment companies need more people to make their product so they could sell it to other countries. In addition to that, as the trade barriers fell away and foreign investments are increased new competitors entered the marketplace and created new opportunities for purchasers and job