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Learning Journal prompt: Answer the following questions on globalization and protectionism: Why does the government create trade barriers if they can potentially hurt a worker

Learning Journal prompt:

Answer the following questions on globalization and protectionism:

  • Why does the government create trade barriers if they can potentially hurt a worker in an economy (due to lower wages)?
  • a. What can be done to avoid trade barriers?
  • b. As a consumer, what are your experiences with trade barriers?
  • c. What alternatives do you recommend to replace trade barriers?
  • Why do you think labor standards and working conditions are lower in developing nations of the world rather than in other countries?
  • Should a country impose higher safety standards on imported goods that exist in the foreign country where the goods were produced? Provide an explanation.

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