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▪  Economic Globalization
Custom essay, Research Paper:The Economic Dimension of Globalization
Many people associate economic globalization with the controversial issue of free trade. After all, the total value of world trade exploded from $57 billion in 1947 to an astonishing $6 trillion in the late 1990s. In the last few years, the public debate over the alleged benefits and drawbacks of free trade reached a feverish pitch as wealthy Northern countries have increased their efforts to establish a single global market through regional and international trade-liberalization agreements such NAFTA and GATT. Free trade proponents assure the public that the elimination or reduction of existing trade barriers among nations will enhance consumer choice, increase global wealth, secure peaceful international relations, and spread new technologies around the world.
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see also:
▪  Antisemitism
▪  Biodiversity
▪  Biotechnology
▪  Corporate Social Responsibility
▪  Creationism
▪  Drug Abuse Control
▪  Ebonics
▪  Foreign Aid
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