Answer the following question in an essay format:
Globalization has resulted in an increase in international trade. Despite this many people consider globalization a failure. It has led to exploitation, inequitable distribution of wealth and has exacerbated the damage to the environment.’
Refute or support this position by stating six arguments. In short, you are being asked to analyze the advantages and disadvantages of globalization. Use as many economic concepts you can in your essay. The most important ones are: International Trade, Trade agreements, protectionism, demand, supply, opportunity cost, employment, economic growth, equality, poverty, capitalism, economic organizations, WTO, NAFTA, EU.
Answer the following question in an essay format: Globalization has resulted in an increase in international trade. Desp
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