Assignment task:
According to Chapter 1, globalization can have both positive and negative effects on jobs and wages, economic inequality, culture, national sovereignty, and the environment (pp. 21-26). Therefore, there are always critics and proponents on opposing sides of the globalization debate. Typically, each side of the argument has valid grounds in support of or against globalization. In the textbook (1.4.2), the authors demonstrate how to summarize and reconcile a globalization debate on jobs and wages (p. 22). Unfortunately, they did not provide a similar summary for income inequality, culture, national sovereignty, or the environment.
Your task:
Choose one aspect of the globalization debate to discuss (income inequality, culture, national sovereignty, or the environment).
Review the materials in the textbook that pertain to the debate regarding your chosen aspect.
Prepare and post a concise (approximately two hundred fifty- three hundredd) summary of the debate in which you explain the pro and con arguments, the key differences between the opposing sides, and whether or not there is a consensus.
References:
Wild, John, J. and Kenneth L. Wild. International Business. Available from: MBS Direct, (10th Edition). Pearson Education (US), 2022.