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Good evening, I am needing assistance in the below Explain the advantages and disadvantages of international trade or globalization that have positively or negatively impacted

Good evening,

I am needing assistance in the below

Explain the advantages and disadvantages of international trade or globalization that have positively or negatively impacted the economy of a country or region of your choosing. These positive or negative impacts can be from the past or present.

  • An introduction in which you describe a country's or region's international trade patterns with one or many of its important trade partners. You must use statistical data and factual information to address this question. The United States is the world's largest economy and the largest exporter and importer of goods and services. Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services

  • Integrateat least two economic concepts (e.g., tariffs, supply and demand, externalities, the gains of trade and comparative advantage, common resources, monopolies and oligopolies) in your responses to the following bullet points. Use graphs, charts, equations, and so on to relate the theories that you choose.
Country U.S. Exports Go to ... U.S. Imports Come from ...
European Union 19.0% 21.0%
Canada 22.0% 14.0%
Japan 4.0% 6.0%
Mexico 15.0% 13.0%
China 8.0% 20.0%

  • Explainat least two specific positive impacts of international trade or of globalization on the country or region that you chose.

  • Explainat least two specific negative impacts of international trade or of globalization on the country or region that you chose.

  • Identifyat least two groups that were particularly affected by international trade or by globalization (e.g., international businesses, domeThrough globalization, the technological differences between the countries are decreasing and the countries of the south are gaining technology transfer, foreign exchange and jobs.

Globalization also allows for greater democratization and a strengthening of human rights and the rights of nature and animals.

Globalization promotes the rapprochement of peoples and cultures. Societies no longer live in autarky: they interact and fertilize themselves to produce better things. cultures get richer by influencing each other.

Human leisure is also enriched by the openness of the world. Sport (world events are transmitted live to all countries), cinema, shows of all kinds strengthen the cohesion and the rapprochement of peoples.

Through globalization, countries suffering from a natural or human disaster quickly receive support from other countries, which alleviates the suffering of the victims.

Thanks to globalization, man goes beyond the narrow framework of narrow nationalist affiliations, to become a citizen of the world.stic businesses, the domestic consumer, the domestic economy, workers in a particular industry).

Explain how these groups were positively or negatively impacted. Consider the ethical and social implications of various aspects of the economy in your response.

As disadvantages of globalization, we can also add this:

Economically, the market economy which has transformed the world into a large open shopping center is the cause of many financial crises which today threaten several countries of bankruptcy.

Because of economic globalization, social inequalities between rich and poor countries are growing and becoming stronger. competition between countries whose citizens enjoy high purchasing power and other countries where purchasing power is very weak necessarily worsens the suffering of the poor.

The political authorities of poor countries are increasingly subjected to pressure from international organizations which dictate the policy to be followed, which is not always at the service of the citizens of these countries.

Because of globalization, the major world powers tend to interfere more often in the internal affairs of countries, to influence internal policies to orient them for their own benefit.

Due to globalization, cultural specificities tend to disappear and become uniform: this results in cultural and social impoverishment. People abandon their customs, their ways of dressing, eating, their lifestyles to adopt a universal mode. We risk losing the cultural wealth specific to each region.

Globalization also facilitates the rapid circulation of bad things: diseases (like the Coronavirus pandemic which currently lives).

  • Propose a detailed policy recommendation that you believe would help to mitigate the adverse impacts or enhance the positive impacts of trade or globalization on the country or region that you chose.

Be sure to use reliable sources and detailed statistical data to support your paper. You should use a minimum of five sources and appropriately reference all of your sources using APA guidelines

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