In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is “great for the world…. I think the reality is you can see that countries in the world … that isolate themselves, it’s not good for their people.”

a. Why would countries that isolate themselves rather than participate fully in the global economy be hurting their own people?

b. Is there an argument to be made that globalization hurts rather than helps some economies? Briefly explain.